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πŸ”₯ New in The Lever: The corporate vultures are coming for flood insurance.

🎧 On Lever Time: How convenience made your house much more expensive.

πŸ‘‡ Spend three minutes reading this 975-word newsletter to learn about:

  • How Trump cost you $18 billion.
  • The crypto crimes that just got waved away.
  • Which banks are under scrutiny for a 30-year-long conspiracy.
  • The dark(er) side of Spirit Halloween.

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TODAY'S NUGGETS

πŸ›’ Every purchase is a shakedown. Trump administration rollbacks of consumer protection regulations β€” meant to even the playing field between corporations and their customers β€” have cost Americans at least $18 billion in lost savings, according to the advocacy group Accountable.US. Regulators have either withdrawn or stopped enforcing rules that would have restricted predatory bank overdraft fees, mandated refunds for canceled and delayed flights, banned wage-suppressing noncompete agreements, prevented $49 billion in medical debt from being listed on credit reports, and more.