Federal Reserve Fraud

Capital One Is Accused of Cheating Customers Out of $2 Billion

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

The Washington Post on MSN · 3h

U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading them about interest rates.

U.S. News & World Report · 4h

Capital One Sued by US Watchdog Alleging Bank Cheated Customers Out of $2 Billion

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest p

CBS News on MSN · 56m

Capital One allegedly cheated customers out of $2 billion, CFPB says

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

Chicago Tribune · 5h

Afternoon Briefing: Capital One accused of cheating customers out of $2 billion

Banks are generally permitted to pay as little in interest as their customers will permit, but Capital One went too far, according to the lawsuit filed by the Consumer Financial Protection Bureau, by deliberately confusing its customers about its products.

11d

Merchants, banks spar over Fed’s debit card fee proposal

Major trade groups for merchants and banks engaged in another round of fighting last week over whether the Federal Reserve ...

8don MSN

Top Federal Reserve bank regulator, under fire from GOP, to step down next month

The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...

The Nation on MSN14d

Trump’s Crackpot Crypto Scheme to Reduce Inflation Would Be a Financial Catastrophe

A federal crypto reserve would only benefit the scoundrels and scammers who helped fund Trump’s presidential campaign.

CBS News27d

Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...

American Banker21d

Banks sue Fed over stress tests

WASHINGTON — Banks and business trade groups sued the Federal Reserve board on Tuesday, demanding that bank capital requirements go through a rigorous notice-and-comment rulemaking process. The ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results