Consumer agency drops Zelle lawsuit against big banks

CFPB Drops Lawsuit Against Bank of America, JPMorgan Chase and Wells Fargo Over Zelle Fraud
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 enf
The Zelle scandal: why Bank of America, JPMorgan and Wells Fargo were sued
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump administration's latest move to drop enforcement actions.
In reversal under Trump, Feds drop Zelle fraud suit against Bank of America, Wells Fargo
The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with Charlotte-based Bank of America and Wells Fargo, which has its largest employment hub in the city. JPMorgan Chase was also named in the lawsuit filed in December.
Feds drop lawsuit targeting big banks over Zelle fraud
The Consumer Financial Protection Bureau has dismissed its lawsuit against Zelle's operator and its owner banks.
Regulator Drops Fraud Lawsuit Against Zelle’s Parent Company, Relieving Major Banks Of Resolving...
The Consumer Financial Protection Bureau dismissed its lawsuit against Zelle operator Early Warning Services and the three banks that run transactions on it. The agency had accused JPMorgan Chase, Bank of America,
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Dismissal of CFPB’s Zelle case marks shift to ‘collective effort’ in consumer protection
The Trump administration isn't slowing down its efforts to defang the Consumer Financial Protection Bureau, with lawsuits ...
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BBB: The Consumer Financial Protection Bureau is shut down. What does this mean for consumers?
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers ...
With the Consumer Agency on Pause, Here’s How to Protect Yourself
Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your ...
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Consumer Protection Bureau drops lawsuits against financial giants
The U.S. Consumer Financial Protection Bureau on Thursday dropped a series of enforcement ... The agency dropped the case against Capital One after accusing the bank last month of illegally ...
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Two-thirds of Americans support CFPB: Poll
About two-thirds of surveyed Americans support the Consumer Financial Protection Bureau (CFPB), according ... support the CFPB’s rule capping bank overdraft fees at $5, while 66 percent back ...
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...
Trump Administration moves to shut down important consumer watchdog agency
The Consumer Financial Protection Bureau (CFPB) is a federal agency that, up until a few weeks ago, policed some of the ...
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Comerica urges judge not to give CFPB more time on lawsuit
The stay requested by the CFPB would prolong the harm Comerica is experiencing due to the “meritless” lawsuit, the bank said.