Newsroom - Consumer Financial Protection Bureau
Jan 17, 2025 · The Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.
CFPB Sues Experian for Sham Investigations of Credit Report Errors
Jan 7, 2025 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Experian, the nationwide consumer reporting agency, for unlawfully failing to properly investigate consumer disputes.The CFPB alleges that Experian does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in the inclusion of incorrect information on ...
CFPB Sues Capital One for Cheating Consumers Out of More Than …
Jan 14, 2025 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Capital One, N.A., and its parent holding company, Capital One Financial Corp., for cheating millions of consumers out of more than $2 billion in interest.
More than 4 million people to share $1.8 billion in refunds ... - CBS News
Dec 5, 2024 · More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial...
Consumer Financial Protection Bureau poised for the fight of its …
Oct 2, 2023 · Democrats who created the Consumer Financial Protection Bureau a decade ago thought they could shield the agency from political pressure by funding it through the Federal Reserve instead of...
Supreme Court upholds CFPB funding, saving agency
May 16, 2024 · The Consumer Financial Protection Bureau’s funding stream, which bypasses the congressional appropriations process, is constitutional, the Supreme Court ruled Thursday, saving the...
CFPB accuses Experian of failing to investigate consumer disputes
Jan 7, 2025 · The CFPB alleges Experian failed to properly investigate consumer disputes, violating the Fair Credit Reporting Act and restoring incorrect information on consumers' credit reports.
CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its ...
Jan 16, 2025 · – Today, the Consumer Financial Protection Bureau (CFPB) ordered Block, the operator of the peer-to-peer payments app Cash App, to refund and pay other redress to consumers up to $120 million and pay a penalty of $55 million into the CFPB’s victims relief fund. Block employed weak security protocols for Cash App and put its users at risk.
Vindicated by Supreme Court, CFPB director says bureau will add …
May 17, 2024 · NEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist at all.
How Trump’s second term could mean the downfall of the FDIC, CFPB
Jan 18, 2025 · Here's what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
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