The Federal Trade Commission has warned PayPal, Visa, Mastercard, and Stripe against debanking practices. President Trump and his sons have frequently bemoaned debanking practices. The Trump family claims it got into crypto because of unfair treatment from banks. The US ...

Debt collection complaints filed with the CFPB have sharply increased over the last several years, even as the bureau’s authority, priorities, and processes are being reshaped under the current administration. What the “surge” looks like One analysis of CFPB data ...

Key Points House Republicans and the Trump Administration appear to be abandoning the plan to eliminate the CFPB after 13 months of court losses. Only Congress can abolish the CFPB, and no executive order or funding cut can override that ...

OKLAHOMA CITY - Rep. Steve Bashore, R-Miami, this week unanimously passed legislation in the House that targets the growing national crisis of identity theft. Bashore said House Bill 3244 expands the definition and pattern of these crimes to better encapsulate ...

Last year, only 10% of surveyed Americans reported they had asked large language models such as ChatGPT and Claude for financial advice. This year, 55% did so, according to TD Bank's second annual survey of 2,500 consumers, released Tuesday. Processing ...

In a move to safeguard consumers’ access to financial services, Federal Trade Commission (FTC) Chairman Andrew N. Ferguson has dispatched formal warning letters to the chief executives of PayPal (NASDAQ: PYPL), Stripe, Visa (NYSE: V), and Mastercard (NYSE: MA). Issued on March 26, 2026, the notices highlight growing ...

The figure comes from new FTC Consumer Sentinel data showing that reported fraud losses reached $15.9 billion in 2025, up sharply from $12.5 billion in 2024 and continuing a steep multi‑year rise in scam losses. What the $15.9bn number represents ...

For years, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from deceptive and unfair practices, including companies that break the law. That includes defending consumers from deceptive and unfair debt collection practices. But recent changes to the ...

The financial toll of sports betting addiction, as seen in the wear and tear on consumer credit cards.NYC Today A new study from the Federal Reserve Bank of New York has found that credit delinquency rates have risen significantly among ...