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CFPB lets banks off hook and drops Zelle lawsuit

Engadget on MSN · 18h

CFPB drops Zelle lawsuit in latest reversal under Trump administration

The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump's administration.

LA Times on MSN · 17h

Consumer agency drops Zelle lawsuit against big banks in latest legal pullback

The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump administration's latest move to drop agency enforcement actions.

Reuters on MSN · 1d

US CFPB drops Zelle case against JPMorgan, BofA, Wells Fargo

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment service Zelle,

Trump's CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

Originally launched as an alternative to PayPal and Venmo, Zelle has quickly become one of the most popular payment apps, ...

4hon MSN

Ohio's Richard Cordray, ex-CFPB director, lambasts Trump for wiping out 'police' of banks

Richard Cordray, first director of the Consumer Financial Protection Bureau, warns that President Trump is trying to wipe out ...

1don MSN

CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...

2dOpinion

For Whom the Zelle Tolls

One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular ...

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