The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...

The Consumer Financial Protection Bureau has sued some of the largest U.S. corporations and banks before the changeover to ...

The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal ...

A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...

Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...

Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, worries most about an uneven playing field, where “as ...

They especially hate the 14-year-old Consumer Financial Protection Bureau. But most voters in both major parties support its work. Musk and Andreessen recently made their case publicly.

The Securities and Exchange Commission last Friday charged Tai Mo Shan Ltd. with misleading investors about the stability of ...

Banking regulators hit companies with penalties for poor interest-rate risk, third-party management, anti-money-laundering controls and consumer protection, among other violations.

It seems obvious that removing such risk would encourage people to make reckless financial ... Biden's Consumer Financial ...

A number of firms are supporting stronger financial fraud prevention through networks in the age of deepfakes and generative ...

The US Consumer Financial Protection Bureau said Dec. 23, 2024, that it sued retail giant Walmart (WMT) and financial technology company Branch Messenger on allegations that they forced delivery ...