Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s ...
Since its founding, the CFPB has returned more than $21 billion to consumers who were victims of fraud or scams.
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NerdWallet on MSNR.I.P. CFPB? What’s At Stake If the Watchdog Agency Goes DarkAdvocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
Letitia James and 22 other attorneys general have filed an amicus brief in a Maryland case challenging the dissolution of the ...
With the CFPB’s “dormancy,” no federal regulator is conducting anti-consumer-fraud examinations on very large banks such as JPMorgan and Wells Fargo, a group of 23 state led by New York ...
The controversial payment service Zelle has been used by fraudsters, leading to a massive lawsuit against the operator and ...
CFPB Interim Director Russell Vought said in ... argued in a Feb. 13 news release that “Republican leadership is siding with Wells Fargo and other big banks over working families hurt by abusive ...
Penalizing banks for creating fake accounts. Wells Fargo paid the CFPB a $100 million initial fine in 2016 for opening about 1.5 million deposit accounts without customers’ consent. These fake ...
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