Consumer Financial Protection Bureau

America’s subscription trap nightmare could be coming to an end

America’s subscription trap nightmare could be coming to an end

Politics
Amanda Smith

The White House announced Monday a series of efforts to save consumers time and money. They include a proposal to make it ...

JPMorgan considers suing consumer watchdog over Zelle

JPMorgan considers suing consumer watchdog over Zelle

Business
Jessica Roberts

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase said on Friday it is considering whether to sue a U.S. consumer watchdog over ...

The Biden administration is planning to eliminate medical debt from credit reports of millions of Americans. What could this mean for you?

The Biden administration is planning to eliminate medical debt from credit reports of millions of Americans. What could this mean for you?

Health
Rachel Carter

The Biden administration Tuesday announced a new proposed rule to erase medical debt from credit reports, potentially helping an estimated 100 million ...

US Supreme Court backs consumer finance watchdog agency’s funding mechanism

US Supreme Court backs consumer finance watchdog agency’s funding mechanism

Politics
Amanda Smith

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau’s funding mechanism in a challenge ...

Judge blocks Biden administration rule capping credit card late fees at

Judge blocks Biden administration rule capping credit card late fees at $8

Politics
Amanda Smith

A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from ...

Biden administration to limit credit card late fees in move against junk fees

Biden administration to limit credit card late fees in move against junk fees

Politics
Amanda Smith

By Jarrett Renshaw (Reuters) – The Biden administration on Tuesday unveiled its latest measures to combat rising consumer costs and charges known ...

The 2024 Battle for the Senate Takes Shape

The 2024 Battle for the Senate Takes Shape

U.S.
Amanda Smith

When Democratic Sen. Joe Manchin announced in November he would not seek re-election, he effectively took West Virginia off the 2024 map ...

The White House has proposed cracking down on junk fees. Here’s how to avoid them

The White House has proposed cracking down on junk fees. Here’s how to avoid them

Politics
Amanda Smith

NEW YORK (AP) — “Junk fees” are just what they sound like: hidden or misleading charges that increase the total cost of ...

More Americans face ‘persistent debt’ as interest rates and fees rise: New study

More Americans face ‘persistent debt’ as interest rates and fees rise: New study

Business
Jessica Roberts

American cardholders paid a record $130 billion in interest and fees in 2022, according to a new government report. The study released ...