CFPB sues Zelle operator, major banks over failure to counter fraud
1 of 3 | Three of the largest U.S. banks including JPMorgan Chanse, rushed the Zelle digital payment system to market “without implementing effective consumer…
CFPB warns of illegal credit card rewards practices
The federal Consumer Financial Protection Bureau Wednesday warned law enforcement agencies that some credit card companies are allegedly illegally devaluing rewards points and airline miles.…
Bank groups sue CFPB over rule to limit overdraft fees
Banks and credit unions said Thursday they plan to sue the federal Consumer Financial Protection Bureau for adopting that would limit overdraft fees. File Photo…
New CFPB rule aims to make switching banks easier by requiring free release of personal data
Consumer Financial Protection Bureau director Rohit Chopra speaks during a Senate Banking, Housing and Urban Affairs hearing at the U.S. Capitol on November 30, 2023.…
The White House wants to remove medical debt from credit scores
The Consumer Financial Protection Bureau has proposed a rule that would remove medical bills from credit reports, a ban that would prevent lenders from considering…
Column: Trump’s pick for consumer agency, backed by GOP, ‘has no qualifications for this job’
Now that White House aide Kathy Kraninger has received the blessing of the Senate Banking Committee’s Republican majority to become the nation’s top consumer financial…