JD Supra11h
CFPB Issues Final Rule on PACE Transactions
As previously reported, the Economic Growth, Regulatory Relief, and Consumer Protection Act (Act), enacted in 2018, directs the CFPB to ...
JD Supra1d
Regulatory Update: Final Rule on Courtesy Overdraft Services
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trum…
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
RealClearMarkets4d
The CFPB Wants You To Pay For Mistakes of Others
Now with a new administration incoming, CFPB Chair Rohit Chopra and his army of bureaucrats are making a final push to ...
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...