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The company is responding to a letter the Consumer Financial Protection Bureau (CFPB) sent it earlier this month. The agency may also pursue litigation, Capital One warned.
Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an ...
Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...
A Consumer Financial Protection Bureau "waives any alleged noncompliance" by the mortgage company while continuing to dole ...
The Consumer Financial Protection Bureau said Tuesday it has terminated its overdraft fee-related consent order against Navy ...
The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.
Senate passes reconciliation bill 51-50, with Vice President Vance casting tie-breaking vote, threatening healthcare, ...
Consumer Federation of America slams CFPB’s reversal of a $95 million consent order against Navy Federal Credit Union for ...
Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally ...
The credit union will no longer have to refund servicemen and women for illegally charging them overdraft fees.
The CFPB has long survived existential threats, including a few court cases that challenged its constitutionality. However, the Trump administration's cuts are its biggest test yet, and it’s becoming ...
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion ...