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CFPB and DoT host joint hearing on airline and credit card rewards programs; CFPB releases report on...
JD Supra· 2 days agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Transportation (DoT) held a 98-minute joint hearing on airline and credit card rewards programs. CFPB Deputy ...
JD Supra: CFPB Casts Larger Net over Credit Data Brokers, Furnishers, and Reporting Agencies.
JD Supra· 5 days agoIn the first week of April, CFPB Director Rohit Chopra delivered remarks at the White House on increasing credit and financial data protection and regulation ...
Court could block ban on bank ‘junk fees’ from taking effect
Consumer Affairs· 4 days agoA judge in the U.S. District Court for the Northern District of Texas is set to issue a ruling that...
Transportation & consumer agencies review fairness of airline & credit card reward programs
KIRO via Yahoo Finance· 5 days ago“We want to make sure that every family is getting what’s promised and that we really have a fair...
How Much Are Airline Rewards Really Worth? Biden Admin Probes Credit Card Programs
The State· 5 days agoOfficials are looking into murky rules, the stripping of travel benefits and more. White House officials and regulators are probing what they say are issues with airline credit card programs ...
Federal Regulators Are Investigating Airline Rewards - NerdWallet
Nerdwallet· 5 days agoAre credit card rewards and airline frequent flyer programs too complicated? The Consumer Financial...
American Society of Travel Advisors Cracks Down on American Airlines
Travel Pulse· 5 days ago...The Department of Transportation (DOT) hosted a joint hearing on both airline and credit card...
Why Companies Are Nervous About the Consumer
New York Times· 5 days agoBetter than expected quarterly earnings have helped propel the S&P 500 to within a whisker of a record high on Friday. The split-screen view of the...
CFPB flags up consumer frustrations with credit card rewards programmes
Electronic Payments via Yahoo Finance· 6 days ago“Credit card companies promise upfront benefits for signing up and using their rewards card. But...
Biden's crackdown on credit card perks turns to airline loyalty programs
Quartz· 5 days agoThe criticism is part of the same push that has Biden cracking down on so-called “junk” credit card...