Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden ...
Biden administration withdraws student loan forgiveness plans. What borrowers should know
The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would ...
CFPB sues Walmart, Branch Messenger for forcing drivers to use costly deposit accounts
Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, ...
The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well | Opinion
The Consumer Financial Protection Bureau attacks those that disagree with it, billionaire Marc Andreessen claimed. “Delete ...
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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 ...
CFPB warns of illegal credit card rewards practices
The federal Consumer Financial Protection Bureau Wednesday warned law enforcement agencies that some credit card companies ...
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 ...