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CFPB Orders Navy Federal Credit Union to Pay More Than $95 Million for Illegal Surprise Overdraft Fees – Consumer Financial Protection Bureau

Washington DC – Today, the Consumer Financial Protection Bureau (CFPB) took action against Navy Federal Credit Union for charging illegal overdraft fees. From 2017 to 2022, Federal Navy charged customers unexpected overdraft fees for certain ATM withdrawals and debit card purchases, even if there was sufficient funds in the account at the time of the […]

Michigan Farm Bureau Endorses Mike Rogers over Elissa Slotkin

The Michigan Farm Bureau's AgriPAC has endorsed former Rep. Mike Rogers (R-Mich.) over Rep. Elissa Slotkin (D-Mich.) in the race for the vacant Michigan Senate seat. The Michigan Farm Bureau supported retiring Sen. Debbie Stabenow (D-Mich.) in the 2012 and 2018 Senate elections, but has not endorsed a Republican in a Senate election since 2006. […]

Americans moving at lowest rate in decades: Census Bureau analysis

(News Nation) — Americans are moving at the lowest rate they've seen in years, and a new survey suggests the rate is likely to stay low for some time to come. The immigration rate hovered around 20% from just after World War II through the 1980s, but has steadily declined since then, to just 8.4% […]

CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts – Consumer Financial Protection Bureau

Washington DC – The Consumer Financial Protection Bureau (CFPB) today took action against Fifth Third Bank for a series of illegal activities that will result in the bank paying a $20 million penalty and providing compensation to approximately 35,000 affected consumers, including approximately 1,000 who had their vehicles repossessed. Specifically, the CFPB is ordering Fifth […]

FBI Whistleblowers Say Senior Officials Ordered Bureau Not to Investigate Hunter Biden Laptop

Estimated Reading Time: < 1 minute “The FBI cannot be trusted with the handling of Hunter Biden’s laptop” FBI whistleblowers allege that the Bureau’s leaders ordered agents not to investigate Hunter Biden’s laptop, according to a letter Wisconsin Republican Sen. Ron Johnson sent to Department of Justice Inspector General Michael Horowitz asking that he investigate […]

Consumer Financial Protection Bureau to launch registry of ‘repeat offenders’

The Consumer Financial Protection Bureau (CFPB), the federal government’s top consumer watchdog, announced Monday that it will create a registry to go after companies and individuals that repeatedly violate consumer protection laws. The new rules, originally proposed in December 2022, would require non-bank companies that receive enforcement orders from local, state, or federal consumer protection […]

Samuel Alito, Neil Gorsuch break from Supreme Court conservatives in consumer bureau case

Justice Samuel Alito and Justice Neil Gorsuch opposed The Supreme Court’s 7-2 vote upheld the agency’s funding mechanism as constitutional. While most federal agencies receive funding through Congress’ government appropriations process, the CFPB currently withdraws funds from the Federal Reserve that the director determines are “reasonably necessary to carry out its operations.” Because of this […]