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Consumer bureau sues Capital One for 'cheating' customers on savings account interest

The government's consumer watchdog group sued Capital One on Tuesday, accusing it of “defrauding” customers of billions of dollars in interest. Consumer Financial Protection Bureau (CFPB) Accusing big banks Despite promising the “highest'' and “highest'' interest rates in the country, interest rates on 360 savings accounts will be frozen at a low level due to […]

Elon Musk Demands Shutdown Of Consumer Bureau

Elon Musk called for a shutdown of the Consumer Financial Protection Bureau (CFPB) on social media Wednesday. Musk is spearheading President-elect Donald Trump's efforts to reduce the size of the federal government. in post On X, formerly known as Twitter, Musk said the CFPB should be disbanded, arguing that the regulator overseeing potential future payments […]

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% […]