Democratic Senators Demand Banks Disclose Policies on Predatory Overdraft Fees
Earlier this year, Trump repealed a $5 cap on most overdraft fees that was set to go into effect in October.#consumerfinancialprotectionbureaucfpb_ — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #consumerfinancialprotectionbureaucfpb_, aggregated by home.social.
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Trump Administration Fires Consumer Bureau Chief
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of consumer protection laws.#GiftLink #USpol #USpolitics #Trump #CFPB #ConsumerFinancialProtectionBureauCFPB_
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Mashable: Zelle payment fraud gets major banks sued by the CFPB. “Zelle, the payments app you likely use primarily to send rent to your landlord, is at the center of a lawsuit announced Friday by the Consumer Financial Protection Bureau (CFPB). The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan Chase, Bank of America, […]
https://rbfirehose.com/2024/12/22/mashable-zelle-payment-fraud-gets-major-banks-sued-by-the-cfpb/
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Reuters: Consumer regulator places Google Payment under supervision; company sues. “The U.S. watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., internet giant Alphabet’s payment arm, a decision the company immediately said it was challenging in court. The Consumer Financial Protection Bureau announced the step saying it had […]