CFPB drops lawsuit against banks behind payment system Zelle
The CFPB, under acting director Russell Vought, dropped a lawsuit today against three of the largest banks in the U.S. The banks are co-owners of the peer-to-peer payment system Zelle and had been accused of failing to “take meaningful action” against fraud that cost customers $870 million.
Workers at the Consumer Financial Protection Bureau have been on administrative leave since February as part of a reported ...
The CFPB dropped a series of lawsuits at the end of February as the Trump administration continues to muzzle the federal ...
They’re calling each other’s sworn declarations misleading and battling in court.
About two-thirds of Americans support the Consumer Financial Protection Bureau (CFPB), according to a new poll released Wednesday. Some 67 percent of Americans surveyed by the Center for ...
In an email, a top official in the CFPB's division of supervision said senior officials had confirmed that supervisory work ...
Jason Mitchell’s three-year stand was a rare victory against the CFPB, but the cracks it exposed demand our attention.
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
In this month's article, we share some of our top "bites" for the prior months covered during the February 2025 webinar.
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