Consumer agency drops Zelle lawsuit against big banks
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the Zelle person-to-person payments network. The suit had also named Bank of America, JPMorgan Chase, and Wells Fargo as defendants. The financial institutions are three of the seven bank owners of Early Warning.
It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the bureau.
The Consumer Financial Protection Bureau (CFPB) is a federal agency that, up until a few weeks ago, policed some of the largest and most powerful financial and
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback