The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump ...
Following months of public hearings and reports on credit card rewards programs, on December 18, 2024, the Consumer Financial Protection Bureau ...
Greg Baer, president and CEO of the Bank Policy Institute, said the CFPB was stretching its authority by claiming UDAAP violations that have no basis in the statute. "The CFPB's 11th-hour announcement ...
UPDATE: This article includes additional comments from JPMorgan Chase and the Bank Policy Institute. The Consumer Financial Protection Bureau sued Zelle and three of the largest banks — Bank of ...
Most observers of the credit union industry believe the outlook for the space is generally positive heading into 2025, but of course there are headwinds. For example, the need for skills in ...
What: The CFPB contends these companies engaged in unfair, deceptive, or abusive acts or practices (UDAAP), allegedly forcing drivers to pay fees to instantly transfer their hard-earned money. When: ...
As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
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 ...