"Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra ...
At a court hearing on Monday, lawyers for the Trump administration said statutorily-required work is being done by the ...
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
"Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra in a news release. “When things went wrong, Cash App flouted its ...
President Donald Trump has said it more than once—the Consumer Financial Protection Bureau is no more. Calling it “the ...
Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s push to dismantle the Consumer Financial Protection Bureau (CFPB), The ...
Nick Hand, who is among dozens of fired CFPB workers, worries that if it stays that way, scammers and price gougers will gain a big advantage.
In the days before Musk’s DOGE set its sights on the Consumer Financial Protection Bureau, X revealed plans for a payments ...
CFPB has taken action over the years against Toyota Motor Credit, Comerica, Cash App and more. The agency was born out of mortgage crisis. It's the go-to federal agency for reporting financial ...
The CFPB has gone after owners of digital payment systems that didn’t sufficiently safeguard customers against fraud. In January, it ordered Block, which owns Cash App, to pay refunds and ...