NEW YORK (AP) — Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, after the Consumer Financial ...
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The Consumer Financial Protection Bureau said it would require a vow to “work collaboratively” with companies before beginning a review. By Stacy Cowley Banking is one of America’s most tightly ...
The letter to U.S. District Court Judge John P. Cronan stated the CFPB and MoneyLion have reached an agreement in principle and plan to file a proposed stipulated judgment with the court by Nov. 3.
Last week I participated in the radio show On Point to discuss the legacy of the Consumer Financial Protection Bureau. It turned out to be something a debate with Richard Cordray, the first director ...
Financial insiders have pushed for changes to let them take more chances, because there’s where the big profits are. The Trump administration is accommodating them.
As state-level regulators rush in to fill the gap left by a shrinking Consumer Financial Protection Bureau, bank products will have to comply with dozens of potentially conflicting state requirements, ...
CFPB ensures financial markets fairness, focusing on rule enforcement and consumer education. Established post-2008 crisis, CFPB centralizes oversight of banking/lending practices. Investors benefit ...
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RIPOFF Act targets corporate fraud and misconduct in New York State
The RIPOFF Act, proposed in New York, would allow judges to take away stock shares from companies that break the law, and create new rules and felonies for updated white collar crimes, as well as ...
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