The Consumer Financial Protection Bureau has sued some of the largest U.S. corporations and banks before the changeover to ...
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
CFPB Director Rohit Chopra has recently issued a statement on developments regarding large asset manager ownership of banks.
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy (PACE) loan program. The rule applies existing protections for ...
“Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers,” CFPB Director Rohit Chopra said in a statement after the agency sued the ...
On Friday, the federal watchdog agency sued the organization that runs Zelle and ... The lawsuits are just the latest examples of how CFPB Director Rohit Chopra has opted to sprint ahead in ...
CFPB, the government’s consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...
And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...
The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...