Page 12 - Cfpb News Today

Financial institutions are refunding $140 million to consumers for so-called junk fees, the Consumer Financial Protection Bureau (CFPB) said Wednesday. The consumer watchdog said $98 million is being refunded for surprise overdraft fees, while another $22 million is being refunded for multiple insufficient fund fees levied on a single transaction. The CFPB also accused companies…

The White House and two major consumer-protection agencies will announce new measures to reduce tens of billions of dollars in "junk fees."

Some players in the Banking-as-a-Service ecosystem say fair lending isnt their problem. But theyre wrong about the law - and fairness is good for business anyway.

The Consumer Financial Protection Bureau director told Yahoo Finance that if his agency's funding were ruled unconstitutional it would create "a lot of headaches" for consumers.

The Supreme Court is heading into its second week of its term and will hear major cases, including a racial gerrymandering challenge to South Carolina's 1st Congressional District and a whistleblower retaliation case.

It actually has to do with the future of democracy.

Today on TAP: Several items to contemplate over the holiday weekend

The Consumer Financial Protection Bureau director told Yahoo Finance that if his agency's funding were ruled unconstitutional it would create "a lot of headaches" for consumers.

Even SCOTUS is Rejecting the Rightwing Scheme to Kill the CFPB: BradCast 10/4/2023

Junk fees on financial accounts hurt people living paycheck to paycheck the most.