CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...
USA Today13d
No more consumer protection? What the CFPB shutdown means for you.
In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft ...
Washington Times11d
Good riddance to the CFPB
The CFPB was the brainchild of Sen. Elizabeth Warren and the top demand of the liberal advocacy groups. It was funded, ironically, by the billionaire inventor of toxic subprime negative ...
Bloomberg L.P.13d
CFPB Agrees to Drop Case Against SoLo Funds as Agency Cuts Back
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...