CFPB Drops 'Zelle' Lawsuit Against JPMorgan, Bank of America, Wells Fargo
The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks for failing to safeguard the Zelle payments network from fraud.
Senate Votes to Strip CFPB of Ability to Regulate Platforms Like X
A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...
Senate Moves to Stop Watchdog Agency From Overseeing Digital Payment Apps
The vote to strip CFPB of this power comes shortly after Elon Musk announced X Money. Two Democrats are asking the Office of ...
Independent Journal Review9h
STEPHEN MOORE: For Whom The Zelle Tolls: Why Dumping Biden Admin Case Against Popular Service Was Correct
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle ...
Opinion
Antelope Valley Press14hOpinion
For whom the Zelle tolls: Lawsuit should be thrown out
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued ...
Ohio's Richard Cordray, ex-CFPB director, lambasts Trump for wiping out 'police' of banks
Richard Cordray, first director of the Consumer Financial Protection Bureau, warns that President Trump is trying to wipe out ...
In a win for Silicon Valley, Senate votes to overturn key payments regulation that could benefit Elon Musk’s X
The Senate has voted to overturn key regulations that granted the Consumer Financial Protection Bureau supervision over ...