News

Consumer Financial Protection Bureau dismisses $95M overdraft case vs. Navy Federal Credit Union
The Consumer Financial Protection Bureau, led by President Trump’s administration, has dropped a case against Navy Federal ...
American Banker4d
CFPB drops Navy Federal's $95 million overdraft settlement
Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally ...
Navy Federal Credit Union no longer has to refund $80 million in overdraft fees. Here's why.
The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.
Senate Republicans move to slash consumer bureau funding by half, risking hundreds of job cuts
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...
The Daily Hodl1d
US Lawmakers Probe $870,000,000 in Customer Losses on Zelle, Targeting JPMorgan Chase, Bank of America and Wells Fargo’s Reimbursement Practices
Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network.
ConsumerAffairs4d
Senate passes budget bill slashing social safety net and consumer protections
Senate passes reconciliation bill 51-50, with Vice President Vance casting tie-breaking vote, threatening healthcare, ...
American Banker2d
GOP megabill cutting CFPB funding goes to Trump's desk
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon.
Bank of America Exits Consumer Regulator’s Monitoring Three Years Early
The Consumer Financial Protection Bureau cut short a five-year agreement with Bank of America Corp. over the bank’s alleged ...