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 ...

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.) ...

If a merchant drops out of such a rewards program, the CFPB said, that could result in a UDAAP if the program operator does not take “reasonable measures to generally maintain the value of the ...

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 ...

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.

Looking back, the CFPB issued an advisory opinion on inaccuracies in background check reports and file disclosure obligations. In June, the CFPB issued a proposed rule addressing inclusion and use ...

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: ...

CFPB, the government’s consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...

And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...