CFPB LAWSUIT

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Feb 18 2026BUSINESS

Navient's Long-Awaited Reparations Begin

Money is finally moving to those wronged by Navient, but not without a long delay. The Consumer Financial Protection Bureau (CFPB) has started sending out payments to borrowers after a deal was struck in 2024. Navient, a major student loan servicer, agreed to pay $120 million, with $100 million goin

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Feb 28 2025POLITICS

Capital One's Legal Drama: A Sudden End

The Consumer Financial Protection Bureau (CFPB) recently made a surprising move. They decided to drop a lawsuit against Capital One. This lawsuit was all about how Capital One was accused of tricking customers. The CFPB claimed that Capital One used sneaky tactics to cheat customers out of $2 billio

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Feb 10 2025BUSINESS

Bureaucratic Battle: Union Fights Back Against Sudden CFPB Shutdown

In the nation's capital, a significant showdown is unfolding between a labor union and the acting head of the Consumer Financial Protection Bureau (CFPB), with employees and their representatives fighting back against unexpected directives. This past weekend, the CFPB was thrown into chaos as its ac

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Dec 21 2024FINANCE

Banks in Hot Water: Zelle Users Lose Big Due to Fraud

Ever sent money using Zelle? You might want to hear this. The Consumer Financial Protection Bureau (CFPB) is suing the three biggest banks in the US. Why? They say these banks aren't doing enough to protect Zelle users from fraud. Zelle is a payment app that banks like JPMorgan, Bank of America, and

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