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Watchdog head: Fines may not stop bad behavior by companies
Associated Press via Yahoo News· 2 years agoIn an interview with The Associated Press, Rohit Chopra signaled that the Consumer Financial...
Consumers hurt by illegal junk fees for bank accounts, loans and mortgages, CFPB report finds
USA TODAY via Yahoo Finance· 1 year agoConsumers have been socked with myriad illegal junk fees in bank deposits, auto loans, mortgages,...
CFPB signals that regulation is coming for BNPL
TechCrunch· 2 years agoIn a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting...
A federal watchdog is suing a tech boot camp, accusing it of loading students up with 'predatory'...
INSIDER via Yahoo News· 10 months agoRohit Chopra, the director of the Consumer Financial Protection Bureau, at Senate committee hearing...
US watchdog wants Apple Pay regulated like a bank
AppleInsider via Yahoo Finance· 6 months agoApple Pay on an Apple Watch The US Consumer Financial Protection Bureau has proposed that digital wallets such as Apple Pay should be regulated, and...
Meta, Apple at risk of increased regulation of digital wallets
Bloomberg via Yahoo Finance· 6 months ago(Bloomberg) — Meta Platforms Inc. (META), Apple Inc. (AAPL), Alphabet Inc. (GOOG) and other...
U.S. Bank fined $36M over freezes of COVID-era unemployment benefits
Banking Dive via Yahoo Finance· 5 months agoU.S. Bank will pay nearly $36 million in connection with customers’ inability to access unemployment...
A student-loan company's 'abysmal servicing' for public servants requires a federal investigation, a...
INSIDER via Yahoo News· 1 year agoSenator Bob Menendez (D-NJ).Alex Brandon-Pool/Getty Images Sen. Bob Menendez urged the CFPB to...
U.S. Republicans prepare consumer watchdog, SEC probes as mid-term elections loom
Reuters via Yahoo Finance· 2 years agoU.S. Republican lawmakers are preparing a crackdown on the U.S. consumer and securities watchdogs in...
Consumer Financial Protection Bureau fines BloomTech for false claims
TechCrunch· 3 weeks agoThe U.S. Consumer Financial Protection Bureau (CFPB) said in an order on Tuesday that BloomTech, the...
