The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...
The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...
The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...
CFPB dropped lawsuit against JPMorgan Chase, Wells Fargo, and Bank of America for alleged failure to prevent fraud on Zelle.
The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...
The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...
Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...
It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.
The agency’s one-page filing dismissed the complaint with prejudice, meaning it cannot be revived in the future.
But a filing in the U.S. District Court for the District of Arizona on Tuesday indicated that the CFPB was dismissing its lawsuit against EWS, Bank of America, JPMorgan Chase and Wells Fargo with ...