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The CFPB Moves to Dismiss Its Proposed $8 Cap on Credit Card Late Fees
The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and ...
Congress kills rule that would have capped banking overdraft fees at $5
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...
Mass Layoffs Hit Consumer Financial Protection Bureau
The agency, which has returned $21 billion to consumers since its inception, could lose 1,500 of its 1,700 employees, a union ...
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
Roughly 1,500 employees — or almost 90% of the agency's staff — will be cut from the CFPB, leaving around 200 people, ...
The Star7d
Wells Fargo, Chase, Bank of America sued over alleged unchecked fraud on Zelle app
U.S. financial giants Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau (CFPB) over alleged unchecked fraud on the Zelle payment ...