News

Thanks to Trump, military members are unlikely to see the millions they're owed
The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader ...
Zelle needs to fix ‘significant scams and fraud,’ lawmakers say
Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...
The Daily Hodl14d
US Lawmakers Probe $870,000,000 in Customer Losses on Zelle, Targeting JPMorgan Chase, Bank of America and Wells Fargo’s Reimbursement Practices
Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network.
Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts
Under President Trump’s first term, the CFPB was still doing enforcement actions and supervisory work, most notably fining Wells Fargo $1 billion for its scandalous sales practices. Even the bureau’s ...
Honolulu Star-Advertiser25d
Trump’s consumer protection cuts have cost Americans $18B, groups say
President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly cheated by ...
Warren demands Zelle scam update
In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are ...
Hosted on MSN25d
Trump's CFPB rollback has cost Americans $18 billion, consumer groups say
The dismissal of 22 enforcement cases that were pending when Biden left office in January -- including actions against JP Morgan Chase, Bank of America, Wells Fargo and Capital One -- involved more ...
The Hill22d
Senate Republicans move to slash consumer bureau funding by half ...
Under President Trump’s first term, the CFPB was still doing enforcement actions and supervisory work, most notably fining Wells Fargo $1 billion for its scandalous sales practices.