In a soap opera that seems determined to get ever bubblier, the CFPB has now been sued by a federal credit union looking to stop Mick Mulvaney from being installed as the agency’s leader. Get the Full Story Complete the form to unlock this article...
Interim CFPB head Mick Mulvaney has announced that the agency has frozen its collection of person information due to concerns about cybersecurity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Consumer Financial Protection Bureau and payday loans have had a wild ride over the last 24 months. After a contentious rulemaking process, an even more contentious first draft and then a somewhat less contentious (but still pretty divisive) final rule drafting, the argument about what access consumers...
And the (legal) beat went on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. of imposing illegal overdraft fees on customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Almost a full year into Donald Trump’s first term as U.S. president, banks of all sizes are pushing the federal government for greater regulatory relief ahead of a key lawmaker meeting next week. Get the Full Story Complete the form to unlock this article and...
The Office of the Comptroller of the Currency (OCC) warned Wells Fargo in a scathing letter that it is mulling lodging formal enforcement actions against the bank over its auto insurance and mortgage businesses. Get the Full Story Complete the form to unlock this article...
More legal woes for Uber: Washington State’s attorney general has sued the ride-sharing company, alleging it had violated the state’s data breach notification law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Jerome Powell, President Donald Trump’s pick as chairman of the Federal Reserve, said at his confirmation hearing that he supports rolling back some bank regulations, but will protect the central bank’s political independence. Get the Full Story Complete the form to unlock this article and...
