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Watchdog accuses Zelle, banking giants of failing to protect users against fraud

The government's consumer watchdog has alleged that Zelle and three major banks failed to protect users from fraud on peer-to-peer payment networks. The Consumer Financial Protection Bureau (CFPB) said Friday that Bank of America, JPMorgan Chase and Wells Fargo were slow to crack down on fraudsters, failed to properly investigate fraud complaints and failed to […]

Watchdog warns credit card companies over devaluing, canceling reward points, miles

The Consumer Financial Protection Bureau warned Wednesday that it may be against the law for credit card companies to devalue or cancel points, cash back and miles rewards programs. The CFPB report also found that credit cards that offer store-specific perks often charge “significantly higher” interest rates than other cards, and that some companies offer […]

Watchdog hits shadowy group with ‘straw donor’ complaint

Campaign Legal Center Filed a complaint as a “straw donor”shared exclusively with The Hill, alleging that a mysterious group funneled more than $1 million into a super PAC just before the 2024 general election to hide the true source of the funds. Delaware-based Stop China Now has donated $1.6 million to the super PAC Save […]

Candace Owens named ‘Antisemite of the Year’ by watchdog group

Firebrand critic Candace Owens was named “Antisemite of the Year” by the watchdog group Stop Antisemitism, which said she “delected the competition” by receiving more votes than anyone in previous years. states. “The anti-Semitism that Candace Owens' Witches breeds is fueled by claims that Jews drink the blood of Christians, conspiracies that Jews are pedophiles […]

UK financial watchdog delays Shein listing amid supply chain scrutiny | Shein

Fast-fashion retailer Shayne as UK financial regulator checks supply chain oversight and assesses legal risks after Chinese Uyghur rights group challenges its listing It is taking longer than usual to approve the company's listing on the stock market, two people familiar with the matter said. Case. The UK's Independent Anti-Slavery Commission, a Home Office watchdog, […]

Consumer watchdog faces daunting future under Trump

The Consumer Financial Protection Bureau (CFPB) is headed for a difficult future under President-elect Trump. The powerful financial watchdog is facing liquidation under the second Trump administration, which is likely to take steps to curb its powers and regulatory challenges. The CFPB has been a target of Republicans since it was created by the Dodd-Frank […]

Consumer watchdog wants FTC to investigate Dr. Oz for influencer marketing violations

Consumer advocacy group asks the Federal Trade Commission (FTC) to investigate whether Dr. Mehmet Oz violated influencer marketing rules by promoting the wellness supplement company's products on social media without proper disclosure. is asking you to start. In a letter sent Tuesday to the FTC's Bureau of Consumer Protection, Public Citizen said Oz regularly posted […]