MSNBC12d
CFPB Director: Wall Street wants a lap dog, not a watchdog
Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why ... where people are getting ripped off with impunity and no one is taking any action at all.”Dec. 21, 2024 ...
Business Insider10d
Rocket Homes sued by CFPB over alleged illegal kickbacks
“The CFPB also sued Jason Mitchell, his real estate brokerage firm, JMG Holding Partners LLC, which does business as The Jason Mitchell Group, and the individual real estate brokerage companies ...
Yahoo Finance13d
CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle
The Zelle logo on a smartphone arranged in Hastings-on ... so they rushed to put out Zelle,” said CFPB Director Rohit Chopra in a statement. “By their failing to put in place proper safeguards ...
Business Insider7d
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
The CFPB is no stranger to criticism. The Supreme Court in May rejected a conservative-led lawsuit that sought to dismantle the CFPB's funding structure. The lawsuit argued that Congress should ...
Business Insider10d
CFPB Sues Walmart, Branch Messenger Over Illegal Payment Accounts For Delivery Drivers
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 ...
The National Law Review10d
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices
The National Law Review is a free-to-use, no-log-in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only.
LAist12d
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
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 ...
Forbes7d
CFPB Sues Major Banks Over Zelle Fraud Response
Chopra delivered the CFPB's semi-annual report to Congress. (Photo by Chip Somodevilla/Getty Images) Peer to Peer Payment Payment Service (P2P) Zelle is used by many people to quickly and ...
KUOW13d
CFPB sues three top U.S. banks for failing to protect consumers from Zelle fraud
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 ...
NBC Connecticut13d
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it. The agency alleges that the firms ...
Yahoo Finance10d
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
Among those who did make the connection, the CFPB claimed, drivers had to pay a fee of either 2% of the transferred amount or $2.99, whichever was greater, for an immediate transfer. A no-fee ...