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Judge orders CFPB to reinstate fired employees, preserve records and get back to work newsthirst.

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas | Reuters A federal judge on Friday ordered the Consumer Financial Protection Bureau‘s leadership, appointed by President Donald Trump, to halt its campaign to…

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CFPB drops JPMorgan, Bank of America, Wells Fargo lawsuit over Zelle fraud newsthirst.

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas | Reuters The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks…

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CFPB sues Capital One for ‘cheating’ customers out of over $2 billion in interest newsthirst.

FILE PHOTO: Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.  Andrew Kelly | Reuters The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 billion in interest….

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