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The judge said she’s ‘left with little confidence’ that she can trust the government to tell the truth. A court took action ...
For more information about how the CFPB works and why it matters to everyday consumers’ financial lives, check out this video interview with Richard Cordray, former director of the CFPB and ...
The CFPB's lawsuit said not all of those were legitimate, and customers of JPMorgan, Bank of America and Wells Fargo who use Zelle lost a collective $870 million on the platform over the last ...
The agency told the Manhattan federal court that by filing the statement of interest, CFPB had pushed a “significant new interpretation” of the Electronic Fund Transfer Act—or EFTA ...
The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot of money intended for borrowers allegedly harmed by the student loan ...
Details of Lawsuit & Its Dismissal By CFPB In December 2024 ... A JP Morgan spokesperson informed, “Banks play a crucial role in scam prevention and consumer education, but this is a national ...
The CFPB dropped a lawsuit against Zelle, JPMorgan, Bank of America and Wells Fargo on Tuesday. The lawsuit alleged the banks did not sufficiently protect customers from fraud on Zelle.
“Defendants shall not terminate any CFPB employee, except for cause related to the individual employee’s performance or conduct; and defendants shall not issue any notice of reduction-in-force ...
The CFPB "dismisses this action against Defendants ... A JPMorgan spokeswoman said that while "banks play a crucial role in scam prevention and consumer education.... this is a national security ...
March 4 (Reuters) - The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their ...
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