Sourcing Journal on MSN12h
Walmart Spark Drivers Paid $10 Million in ‘Junk Fees' to Access Payments, US Lawsuit Says
The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...
The Fee We’re Paying for Stolen Packages
To know whether you are paying the fee, review your order before you press purchase. Sometimes it is named after the company ...
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, calling them ‘junk fees’
Under the CFPB policy, banks could use other methods of addressing overdrafts. They could charge fees at what the agency ...
This Week In Credit Card News: CFPB Calls Out Some Illegal Card Practices
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices ...
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
The CFPB vs. Checking Accounts
The rule on overdraft fees is ripe for the GOP Congress to overturn.
JD Supra1d
CFPB Finalizes Rule Preventing Overdraft Fee Loophole for Large Banks
In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...
Business Insider5d
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
"The new administration can & should nullify this overreach, but we must go further: this latest gambit of the CFPB is just a symptom ... at an amount necessary to cover the bank's costs and ...
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
Orlando Sentinel2d
Commentary: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
They especially hate the 14-year-old Consumer Financial Protection Bureau. But most voters in both major parties support its work. Musk and Andreessen recently made their case publicly.