CFPB Wants Time to Review Lawsuit Against Comerica Bank
March 3, 2025 7:33 pmThe Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the... View Article
Categories for Headline News
Capital One’s Merger with Discover Faces Major Hurdles and Legal Battles
March 3, 2025 7:32 pmCapital One’s (COF) $35.3 billion merger with Discover Financial Services ($DFS) is causing quite a stir in the financial sector.... View Article
CFPB processing 80 percent fewer complaints since Feb. 13
March 3, 2025 7:02 pmThe minority staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs recently released a report on the... View Article
Interest Rate Caps Threaten Credit Access and FinTech Partnerships
March 3, 2025 6:58 pmThere have been pockets of momentum to curb interest rates charged for balances credit cards and for loans extended by... View Article
Oklahoma bill aims to cut credit card fees for restaurants, nonprofits
March 3, 2025 6:50 pmA bill (SB1095) in the Oklahoma Legislature would eliminate certain credit card fees on business transactions, primarily benefiting restaurants and... View Article
US Wealth Gap Expands As Consumer Debt And Delinquencies Reach Record Highs
March 3, 2025 6:06 pmThe wealth gap in the U.S. is widening as high earners drive spending growth while middle-class Americans struggle. Credit card... View Article
CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
March 3, 2025 5:54 pmWith the CFPB’s future in limbo, so too are hundreds of millions in consumer settlements. For example, Reuters reported Monday (March 3), there... View Article
House Oversight Committee Requests Unredacted Letters From FDIC To Probe Alleged Suppression of Crypto Industry
March 3, 2025 5:45 pmThe House Committee on Oversight and Government Reform wants access to unredacted documents from the Federal Deposit Insurance Corporation (FDIC)... View Article
The FTC is being hit by terminations
March 3, 2025 4:06 pmIt’s one of the first signs of cuts at the agency. It’s one of the first signs of cuts at... View Article
Virginia Legislation Designed To Cap Interest Rates On Credit
February 24, 2025 9:25 pmThe State of Virginia is considering legislation designed to limit the interest charged on credit to consumers. The Federal government... View Article
