The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't ...

The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...

CFPB said in a news release on Monday that the companies opened deposit accounts for Walmart drivers with their personal information, including their social security numbers, without authorization.

The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...

"The CFPB's rushed lawsuit is riddled with factual errors and contains exaggerations and blatant misstatements of settled principles of law," Walmart's spokesperson said in a statement, adding the ...

And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...

Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...

Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond ...

“By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves,” said CFPB Director Rohit Chopra in a Friday ...

The Consumer Financial Protection Bureau on Friday sued the operator of payment app Zelle, as well as three major banks, alleging they did not do enough to protect consumers from fraud. The CFPB ...