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overdraft, Consumer Financial Protection Bureau
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden administration's campaign to reduce junk fees that hit consumers on everyday purchases,
Consumer Financial Protection Bureau: the watchdog Republicans love to hate
The CFPB was established when Congress passed and President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. The statute was enacted to prevent the events that led to the 2008 Great Recession, the most profound economic crash and downturn since the 1929 Great Depression.
US watchdog caps bank overdraft fees over industry objection
The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save depositors $5 billion annually. The new regulation,
8h
on MSN
Consumer protection authority pulls up 17 direct-selling firms for alleged violations
Of these, 13 companies are under investigation and responses from three firms are still awaited, the consumer affairs ...
Montgomery Community Media
2d
Consumer Protection Office Warns of USPS Package Tracking Scam
Learn how to spot and avoid USPS package tracking scams with tips from Montgomery County's Office of Consumer Protection.
EconoTimes
1d
How is Donald Trump ensuring consumer protection laws are enforced in 2025?
President-elect Donald Trump has announced a comprehensive consumer protection agenda for 2025, aimed at bolstering ...
6d
‘It would be mayhem’: CFPB director responds to Musk's call to 'delete' consumer protection watchdog
Elon Musk wants to “delete” the Consumer Financial Protection Bureau. Director Rohit Chopra joins The Weekend to unpack what ...
Hoodline
2d
Montgomery County Warns of Rising USPS "Smishing" Scams, Offers Consumer Protection Tips
The Montgomery County Office of Consumer Protection alerts the public to a smishing scam involving fake USPS text messages ...
The Saratogian
8d
Department of Consumer Protection warns about new scam
The New York Department of State’s Division of Consumer Protection is warning families of high school students about a new ...
JD Supra
4d
Significant Updates to Telephone Consumer Protection Act to Take Effect Next April
Earlier this year, the Federal Communications Commission (FCC) adopted changes to its Telephone Consumer Protection Act (TCPA) regulation to ...
QNS
11d
Senator James Sanders Jr. applauds new consumer protection laws signed by Gov. Hochul
NYS Senator James Sanders Jr. praised Gov. Kathy Hochul after she signed two important consumer protection bills he sponsored ...
MLive
2d
Beware of puppy scams, phishing cons this holiday season, Michigan AG warns
"Always thoroughly research any online purchase to ensure you are not the latest victim of a scam," AG Dana Nessel said.
JD Supra
1d
Consumer Financial Protection Bureau (CFPB) Final Rule Expands Oversight to Larger Digital Payment App Providers
Section 1024 of the Dodd-Frank Act of 2010 authorizes the Consumer Financial Protection Bureau (CFPB) to define markets for consumer ...
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