Commentary: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
They especially hate the 14-year-old Consumer Financial Protection Bureau. But most voters in both major parties support its ...
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The White House is cracking down on overdraft fees
The Consumer Financial Protection Bureau said Thursday it's capping overdraft fees at $5 with a rule set to take effect in October 2025, if it isn't overturned by Congress or altered under a Trump ...
Regulators Sue 3 Big Banks Over Rampant Fraud on Zelle
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...
CFPB sues Zelle operator, major banks over failure to counter fraud
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
CFPB warns of illegal credit card rewards practices
The federal Consumer Financial Protection Bureau Wednesday warned law enforcement agencies that some credit card companies ...
FTC Bans 'Junk Fees' for Concert Tickets, Hotels
The Federal Trade Commission (FTC) finalized a rule Tuesday requiring hotels and live events in the U.S. to include all fees ...
Consumers could see a $5 overdraft fee in 2025 under a final rule — or maybe, not
The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...
Biden Junk Fee Rule Holds Staying Power Under Trump Populism (2)
The Federal Trade Commission’s new restrictions on “junk fees” are well-positioned to survive the transition to ...