Judge Scraps CFPB’s Rule To Cap Credit Card Late Fees
April 22, 2025 8:54 pm Leave your thoughtsCFPB withdraws $8 credit card late fee cap after ruling it exceeded the agency’s authority A federal judge has agreed... View Article
Author Archives for steve
Trump’s CFPB Is Opening the Gates for Fintech and Crypto
April 22, 2025 8:21 pm Leave your thoughtsSteering the country toward another potential financial crisis, the Trump administration has moved to completely gut the federal regulatory... View Article
Trump says he has ‘no intention’ of firing Federal Reserve chief
April 22, 2025 7:13 pm Leave your thoughtsBy Andrew Ackerman President Donald Trump said he had “no intention” of firing Federal Reserve Chair Jerome H. Powell,... View Article
Tennessee legislature puts state watchdog agency under attorney general
April 22, 2025 7:01 pm Leave your thoughtsResponsibility for investigation claims of discrimination, including from state agencies, will become the responsibility of Tennessee Attorney General Jonathan Skrmetti... View Article
Discover Required To Pay $1.2B For Overcharging Merchants: FDIC
April 22, 2025 6:41 pm Leave your thoughtsFor approximately 17 years, Discover Bank misclassified millions of consumer credit cards as commercial, resulting in higher interchange fees for... View Article
House Democrats question Bessent over CDFI contradictions
April 22, 2025 6:31 pm Leave your thoughtsWASHINGTON — House Democrats led by House Financial Services Committee ranking member Maxine Waters, demanded clarity from the Treasury... View Article
US FTC sues Uber for deceptive billing, complex cancellations
April 22, 2025 6:05 pm Leave your thoughtsThe US Federal Trade Commission (FTC) has filed a lawsuit against Uber Technologies Inc, claiming the company engaged in deceptive... View Article
FTC could be in trouble as Meta antitrust trial enters second week, expert says
April 22, 2025 6:00 pm Leave your thoughtsFederal Trade Commission Chairman Andrew Ferguson previews the start of the agency’s antitrust case against Meta and details the... View Article
Illinois bill proposes major shakeup in title insurance oversight
April 22, 2025 5:22 pm Leave your thoughtsRegulatory By Tez Romero Apr 22, 2025Share A newly introduced bill in the Illinois General Assembly aims to significantly alter... View Article
Capital One profit climbs 10% as credit-card spending increases
April 22, 2025 3:58 pm Leave your thoughtsCapital One Financial Corp., the lender set to acquire Riverwoods-based rival Discover Financial Services, posted higher first-quarter profit as consumers... View Article
