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CFPB Sues JPMorgan, Bank of America Over Alleged Zelle Fraud

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(Bloomberg) -- The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo &...
Bussiness

The oversight of US banks could be in for some big changes under Trump

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The people in Donald Trump’s orbit are floating some dramatic ideas that would remake the way US banks are regulated,...
Sports

CFPB finalizes rule capping overdraft fees at $5

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The Consumer Financial Protection Bureau on Thursday that would cap how much banks can charge their customers for overdrawing...
Bussiness

US watchdog caps bank overdraft fees over industry objection

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(Reuters) - The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge...
Bussiness

FTC’s Lina Khan isn’t letting up on Big Tech even with her future in doubt

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Lina Khan’s time may be running out as boss of the Federal Trade Commission, but she is not going quietly....
Bussiness

US judge won’t revive rule capping credit card late fees at $8

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By Nate Raymond (Reuters) -A federal judge in Texas rejected on Friday a request by the Consumer Financial Protection Bureau...
Bussiness

US judge won’t revive rule capping credit card late fees at $8

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By Nate Raymond (Reuters) -A federal judge in Texas rejected on Friday a request by the Consumer Financial Protection Bureau...
Bussiness

Musk calls for abolishing consumer finance watchdog targeted by Republicans

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(Reuters) - Billionaire Elon Musk, tasked with slashing government costs by U.S. President-elect Donald Trump, on Wednesday called for the...
Bussiness

Exclusive-US consumer finance watchdog moves on new rules ahead of Trump takeover

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By Douglas Gillison and Pete Schroeder (Reuters) - The U.S. consumer finance watchdog is moving ahead with rulemaking in the...
Bussiness

Biden led a consumer protection revival. Will the election cut it short?

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Over the course of Joe Biden’s presidency, federal regulators have orchestrated a sweeping consumer protection push unlike any since the...
Bussiness

Capital One warns of potential CFPB enforcement action over its savings accounts

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(Reuters) - A top federal agency may pursue enforcement action against Capital One over alleged misrepresentations related to its savings...
Bussiness

Jamie Dimon slams US regulators: ‘It’s time to fight back’

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JPMorgan Chase (JPM) CEO Jamie Dimon didn't discuss US election candidates during a public appearance Monday, but he had plenty...
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