FanDuel Bans Credit Card Deposits to Cut Fees
#SportsBetting #ConsumerProtectionFanDuel will stop accepting credit card deposits for its sportsbook, casino, and racing products starting March 2. This follows DraftKings' similar move, aiming to improve the customer deposit experience and avoid associated junk fees. read more
Federal Judge Blocks Trump's Attempt to Dismantle Consumer Agency
#ConsumerProtection #TrumpAdministrationA federal judge blocks the Trump administration from dismantling the Consumer Financial Protection Bureau, responsible for safeguarding consumers from financial fraud post-2008 crisis. The judge issued a preliminary injunction to preserve the agency until further legal ruling. read more
Judge Blocks Trump Administration from Dismantling Consumer Financial Protection Bureau
#ConsumerProtection #USPoliticsA federal judge has blocked the Trump administration from dismantling the Consumer Financial Protection Bureau, responsible for protecting consumers from financial fraud and deceptive practices since the 2008 financial crisis. read more
States Rally to Fortify Consumer Protections Amid Trump Administration Threats
#ConsumerProtection #TrumpAdministrationStates in the US are looking to enhance consumer protection as the Trump administration aims to close the Consumer Financial Protection Bureau and implement tariffs. Officials in Massachusetts and Illinois are concerned about the impact on veterans and the elderly. read more
CFPB Drops Case Against Capital One in Trump Administration Trend
#CFPB #consumerprotectionThe US Consumer Financial Protection Bureau drops a case against Capital One accused of cheating consumers out of $2 billion in interest payments. This decision reflects the Trump administration's efforts to dismantle the agency. read more
"CFPB Faces White House Opposition Amid Consumer Advocacy Successes"
#ConsumerProtection #CFPBThe Consumer Financial Protection Bureau, under attack by Trump, has been a helpful agency for many consumers, resolving issues with businesses. Despite the White House's attempts to dismantle it, the agency has a track record of assisting individuals with financial disputes. read more
CFPB Work Halted Under Trump Administration, Rules Now On Hold
#CFPB #consumerprotectionThe Trump administration halting the Consumer Financial Protection Bureau's work has raised concerns about consumer protection. The agency, established in 2010, regulates financial practices and faces criticism from conservatives. Pending rules on overdraft fees and medical debt are now on hold. read more
"Federal Legislation Introduced to Combat Price-Gouging Amid Economic Strain"
#FairPricing #ConsumerProtectionAmerican consumers should pay fair prices, even as companies turn a profit within legal bounds. Price-gouging, prevalent despite inflation, prompts calls for federal regulation to protect consumers from corporate greed. read more
#USnews #consumerprotection
The US Consumer Financial Protection Bureau will apply credit card consumer protection rules to buy now, pay later lenders like Affirm and Afterpay. This rule, focusing on installment repayment programs, aims to increase oversight in the growing sector. read more