JPMorgan Chase launches new restrictions on Zelle after $870 million lost in scams at Chase, Bank of America and Wells Fargo
The controversial payment service Zelle has been used by fraudsters, leading to a massive lawsuit against the operator and ...
Good riddance to the consumer financial protection bureau
The housing crisis and subsequent financial crisis in 2008 was caused in large part by politicizing loan eligibility criteria ...
SouthFlorida Reporter11h
Will Overdraft Fees Increase Under Trump? Here’s What 7 Banks Told Us
Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting ...
As Internal Fraud Grows, Banks Need More, Not Less, Regulation
Banks are not fans of heavy regulation. Few companies or individuals are. Paying attention to rules takes time, effort, and money. Although sometimes unnecessary and overzealous, quite often ...
Tech experts Trump fired from Consumer Financial Protection Bureau say consumers at risk
The sudden halt to CFPB's works leaves much of consumer finance, from mortgage companies to payment apps, unsupervised.
NerdWallet18h
R.I.P. CFPB? What’s At Stake If the Watchdog Agency Goes Dark
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
New federal pause disrupts new consumer protections, delaying relief for millions
However, Republicans argue that state regulators are capable of handling consumer complaints without federal oversight.
Hosted on MSN22h
Will Overdraft Fees Increase Under Trump?
Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting ...
WTEN22h
New York joins lawsuit to block Consumer Financial Protection Bureau shutdown
New York, 21 other states, and Washington D.C. joined a lawsuit to keep the CFPB running, warning the shutdown exposes ...