· 2d · on MSN
Trump's CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
· 4d · on MSN
The CFPB lets JPMorgan Chase and other banks off the hook in dropping a Zelle fraud lawsuit
· 4d · on MSN
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
Richard Cordray, first director of the Consumer Financial Protection Bureau, warns that President Trump is trying to wipe out the 'police' of banks.
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.
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