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.) ...
In recent weeks, FTC attorneys have been conducting interviews and setting up meetings with Microsoft competitors. One key area of interest is how the world’s largest software provider packages ...
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 ...
"The new administration can & should nullify this overreach, but we must go further: this latest gambit of the CFPB is just a symptom of a deeper (and unconstitutional) cancer of unelected ...
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.
The CFPB issued a statement on the FTC rulemaking in which CFPB Director Chopra said that the "CFPB can enforce the new Click-to-Cancel Rule, which will further enable the CFPB to protect ...
CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers, and Walmart then deposited drivers’ pay into said accounts without the drivers’ consent.
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 ...
“Rocket engaged in a kickback scheme that discouraged homebuyers from comparison shopping and getting the best deal,” CFPB Director Rohit Chopra said. “At a time when homeownership feels out ...
Hotels have been one of many key targets for hackers, with one breach last year catching FTC Chair Lina Khan among the many people left waiting to check in when a ransomware attack forced MGM ...
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 ...
The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...