JD Supra3h
Q&A: What Will the CFPB Look Like Under McKernan?
On February 11, the White House announced Jonathan McKernan’s nomination as Director of the Consumer Financial Protection Bureau (CFPB). McKernan ...
Radio Times14d
Miss Austen star Keeley Hawes weighs in on letter burning dispute
This time round, BBC's Miss Austen is set to reimagine the literary mystery of just why Jane's sister Cassandra burned her letters after Jane's death in 1817. While some Austen fans are divided ...
The Desert Sun14d
How California Cash App users can get their refunds from the recent settlement
The CFPB, which enforces federal consumer finance laws, claims Cash App "tricked" its customers by allowing fraud to proliferate on its mobile app. It closed cases of reported fraud without ...
bankingdive15d
Trump-era CFPB has full plate following Chopra’s flurry of activity
A document the CFPB released earlier this month, prior to the inauguration, compiled major, non-rulemaking guidance documents under Chopra, and an accompanying letter seemed to lean on Loper Bright as ...
Crude Oil Prices15d
Trade Dispute Could Force U.S. to Buy Venezuelan Oil, Canada Says
President Trump’s threat of tariffs on Canadian imports could leave the United States reliant on crude oil from Venezuela, with which the U.S. doesn’t want to work, Canadian Foreign Minister ...
American Banker15d
CFPB orders Wise to pay $2.5M for illegal remittance practices
The CFPB said Wednesday that New York-based Wise misled customers by advertising inaccurate ATM fees and failed to refund remittance fees when customers sent money that did not arrive on time. Wise, a ...
Wall Street Journal15d
Is the CFPB Helping or Harming Consumers?
Your editorial “Why Is Rohit Chopra Still Employed at the CFPB?” (Jan. 24) outlines the litany of reasons the Consumer Financial Protection Bureau director must go. In recent years the bureau ...
The Indianapolis Star16d
Cash App (again) ordered to pay millions in refunds. How Kentucky users can get back money
The CFPB, which enforces federal consumer finance laws, claims Cash App "tricked" its customers by allowing fraud to proliferate on its mobile app. It closed cases of reported fraud without ...
CNBC17d
Credit card late fees cost Americans billions a year — now they're capped at $8
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...
Morningstar17d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...
WTOP News19d
Equifax Ordered to Pay $15 Million: Here’s What Consumers Should Know
your next step is to send a copy of the dispute to the CFPB and your state attorney general, and they may provide you with next steps. Finally, you could hire a lawyer. “You may want to consider ...