After years of flirting with the idea, retailer Bed Bath & Beyond has finally filed for bankruptcy. The chain has over 360 locations and 120 Buy Buy Baby stores that it plans to keep open for now — but there are ramifications for shoppers. Cheddar News senior reporter Chloe Aiello breaks down the fallout including whether or not customers will be able to use coupons and gift cards. 

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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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