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CFPB Drops Its Lawsuit Against Zelle

Associated Press News on MSN · 1d

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 three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.

Reuters on MSN · 2d

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,

Axios on MSN · 2d

CFPB drops Zelle fraud lawsuit

A CFPB lawsuit filed in December alleged that customers of JPMorgan Chase, Bank of America, and Wells Fargo have lost more than $870 million collectively since Zelle launched in 2017. Photo illustration by Nikolas Kokovlis/NurPhoto via Getty Images

Independent Journal Review6h

STEPHEN MOORE: For Whom The Zelle Tolls: Why Dumping Biden Era Case Against Popular Service Was Correct

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

1don MSN

The CFPB lets JPMorgan Chase and other banks off the hook in dropping a Zelle fraud lawsuit

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

8h

Senate Votes to Strip CFPB of Ability to Regulate Platforms Like X

A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...

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