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

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

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 ...

It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of the banks that control it, JPMorgan Chase (JPM), Bank of America (BAC), and ...

The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

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 CFPB dropped a lawsuit against Zelle, JPMorgan, Bank of America and Wells Fargo on Tuesday. The lawsuit alleged the banks did not sufficiently protect customers from fraud on Zelle.

March 4 (Reuters) - 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 ...