Cash App's parent, Block Inc., settled two regulatory actions, one with the Consumer Financial Protection Bureau and another ...
Add a new certainty for 2025: A new director of the Consumer Financial Protection Bureau (CFPB). Whoever the new director is (I’m willing to step in and step up, Mr. President), that person ...
“The CFPB is cracking down on these excessive junk fees and requiring big banks to come clean about the interest rate they’re charging on overdraft loans,” CFPB Director Rohit Chopra said in the ...
It seems obvious that removing such risk would encourage people to make reckless financial decisions – to everyone except President Biden's Consumer Financial Protection Bureau (CFPB.) ...
During a Senate Banking Committee hearing in 2023, Senator John Kennedy tore into the CFPB Director over data collection. California wildfires rage for second day, destroying homes and forcing ...
The CFPB issued a circular to other law enforcement agencies warning that some credit card companies operating rewards programs may be breaking the law. The CFPB’s circular highlighted various ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
"The new administration can & should nullify this overreach, but we must go further: this latest gambit of the CFPB is just a symptom of a deeper (and unconstitutional) cancer of unelected ...
It’s bad for banks, and especially for their low-income customers. The CFPB rule, finalized this month, applies to commercial banks and credit unions with more than $10 billion in assets.
More than $481 billion is transferred using Zelle every year. Of that, at least $125 million is getting stolen from consumers. The government says the big banks that own the platform have done ...
There’s one specific day T.J. Holmes does not plan to propose to Amy Robach. During the Wednesday, December 25, episode of their “Amy and T.J.” podcast, Holmes, 47, and Robach, 51, answered ...
But there are no other agencies in the federal government returning money to Americans’ bank accounts in the way the CFPB does. Since its founding, the agency has returned more than $19 billion ...