The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...
17h
Retail Banker International on MSNCFPB dismisses Zelle lawsuit against JPMorgan, BofA, Wells FargoThe US Consumer Financial Protection Bureau (CFPB) has reportedly notified a federal court in Arizona that it is dismissing ...
The Consumer Financial Protection Bureau has been plunged into turmoil after the White House ordered the agency in February to halt nearly all its work.
In a shift in regulatory approach, the Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against three of the largest U.S. banks.
23h
Hosted on MSNRegulator Drops Fraud Lawsuit Against Zelle’s Parent Company, Relieving Major Banks Of Resolving Fraud ClaimsThe Consumer Financial Protection Bureau dismissed its lawsuit against Zelle operator Early Warning Services and the three ...
It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.
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