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☆ Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
▼ + stars: | 2024-12-17 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

With the Federal Reserve's recent moves to lower interest rates — and further cuts on the horizon — some federal student loan borrowers are wondering if now is a good time to refinance. "We are already seeing more borrowers tempted to refinance their federal loans," said Betsy Mayotte, president of The Institute of Student Loan Advisors. Refinancing your federal student loans turns them into a private student loan and transfers the debt from the government to a private company. But the Consumer Financial Protection Bureau has new warnings about refinancing student debt. "Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits," said CFPB Director Rohit Chopra.

Persons: Betsy Mayotte, Roth, Rohit Chopra Organizations: Federal, The, Student Loan Advisors, Financial, Bureau, Finance, Social

☆ Elon Musk, SpaceX's CEO, isn't privy to all of the company's classified work with the US government: report
▼ + stars: | 2024-12-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Elon Musk is the founder-CEO of rocket company SpaceX. But Musk isn't privy to all of SpaceX's classified work with the US government, per the WSJ. SpaceX CEO Elon Musk's security clearance doesn't grant him complete access to the company's classified work with the US government. AdvertisementIn October, the Journal reported that Musk has been in regular contact with Russian President Vladimir Putin since late 2022. — Elon Musk (@elonmusk) November 27, 2024Musk founded SpaceX in 2002.

Persons: Elon Musk, Musk, Elon, Joe Rogan, Rogan, utin, ince, ournal's, paceX, ike, orth Organizations: SpaceX, Street, US, Trump, NASA Locations: Pennsylvania, lon, usk

☆ Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts
▼ + stars: | 2024-12-15 | by ( Hien An Ngo | ) edition.cnn.com time to read: +3 min

CNN —Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics. BNPL shoppers are more likely to be unable to pay some or any bills and to be concerned about making ends meet in the next year. While consumers perceive BNPL services to be a safer alternative to credit cards, experts warn that they carry risks. Young people are not only more likely to use BNPL services but are more likely to encounter issues when they do. While most traditional BNPL services require interest-free payments, some include interest or late fees that consumers may not be aware of.

Persons: Dionysius Ang, “, ” Ang, BNPL, Ted Rossman, Lisa L, Gill, Baby Boomer, Z, Rossman Organizations: CNN, Adobe Analytics, Consumers, University of Leeds, Federal Reserve Bank of Philadelphia, Boomers, Consumer, Consumer Financial Locations: United States, England

A new CFPB rule could cap overdraft fees to $5 for very large institutions starting next October. The best banks for avoiding overdrafts don't charge overdraft fees at all, but it's more common for banks to charge overdraft fees in the $20 to $40 range. Here's what you can expect to change and what you should do to take advantage of lower overdraft fees. AdvertisementFinancial institutions on the list that haven't eliminated overdraft fees have a couple of other options if they don't want to cap overdraft fees at $5. AdvertisementHow to mitigate overdraft fees nowWhile this rule would help you avoid high overdraft fees, there are ways you can lower the impact of overdraft fees on your budget regardless of whether the rule goes through.

Persons: overdrafts, Ally, Patrick O'Leary, Davidson, O'Leary, we've, Angela Moore, Moore, doesn't Organizations: Business, Service, Financial Protection, Bank of America, Ally Bank, Navy Federal Credit Union, Wealth Management, D.A, Modern Money Education Locations: Wells Fargo

☆ Consumer Bankers Association CEO Lindsey Johnson on CFPB lawsuit, bank overdraft fees
▼ + stars: | 2024-12-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumer Bankers Association CEO Lindsey Johnson on CFPB lawsuit, bank overdraft feesLindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit against the Consumer Financial Protection Bureau following a ruling on limiting bank overdraft fees, whether there needs to be rules around bank overdraft fees, and more.

Persons: Lindsey Johnson Organizations: Email Consumer Bankers Association, Consumer Bankers Association, Consumer Financial

☆ DOGE tracker: A running list of what Elon Musk and Vivek Ramaswamy say they will change
▼ + stars: | 2024-12-13 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +11 min

Elon Musk and Vivek Ramaswamy aim to cut $2 trillion from the federal budget by June 4, 2026. There are more than 440 government agencies; Musk has said he wants to trim that down to no more than 99. In a post on X, Ramaswamy endorsed the idea, and did so again while speaking to Fox News in November. For the fiscal year 2024, it had a $90 billion budget, which is less than 11% of the defense budget of $842 billion. Target expired federal spending commitmentsOn X, Ramaswamy has floated a range of places that could see cuts.

Persons: Elon Musk, Vivek Ramaswamy, They've, Donald Trump, Ramaswamy, SCOTUS, Raimondo, — Ramaswamy, Musk, Trump, Chip Somodevilla, haven't, Brandon Bell, Sen, Bernie Sanders, Sanders, Trump's, ANGELA WEISS, DOGE, X Organizations: Department of Government, Security, Musk, Trump, Street, Environmental Protection Agency, Loper Bright Enterprises, Political, Department, Education, of Education, Fox News, Department of Defense, Consumer Financial, Financial, Bureau, Republicans, Internal Revenue, IRS, Corporation for Public Broadcasting, Government, Office, Getty, Congressional, NASA, Partnership for Public Service, Washington Post, Pentagon, Management, Daylight Savings Locations: West Virginia, Washington, American, Afghanistan

☆ Donald Trump and Bernie Sanders Want to Save You Money on Credit Cards
▼ + stars: | 2024-12-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

Sky-high credit-card interest rates are not popular. "He said, you know what, credit-card interest rates, which in some cases right now are 20, 25%, should not be higher than 10%. The average credit-card interest rate for new card offers is 24.43%, according to LendingTree — up about 10 percentage points from a decade ago. "Obviously, the interest rates have to respond to changing market conditions, and we've definitely seen that happen. A rate cap isn't the only solution to America's ballooning credit-card-debt problem and just how expensive it is to carry debt.

Persons: everyone's, Donald Trump, Sen, Bernie Sanders, Trump, Sanders, Elizabeth Warren, Matt Schulz, LendingTree, we've, Julie Margetta Morgan, Margetta Morgan, Schulz, Chi Chi Wu, Elon Musk, Wu, Banks, it's, Natasha, Janet Yellen, Aaron Klein, Barack Obama, Klein, Alexandria Ocasio, Cortez, they're, Warren, Carter Dougherty, Emily Stewart Organizations: White, Business, Politico, American Bankers Association, LendingTree, Consumer Financial, Federal Reserve Bank of New, Trump, Chi, National Consumer Law Center, Yale, Washington, Brookings Institution, Department, Treasury, Consumer, Financial Reform, Republicans Locations: Federal Reserve Bank of New York, Alexandria, Washington

☆ Overdraft fees crackdown: Biden administration sets new rules for banks
▼ + stars: | 2024-12-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 billion a year. The rule, unveiled Thursday, would cap overdraft fees at $5 — a substantial savings from the $35 that customers are typically charged. Additional options for banks would allow them to either cap fees at amounts that just cover their costs or to treat an overdraft like any other loan by disclosing terms like interest rates. “That is real relief for families.”Banking trade groups are against the new rule, saying that the agency’s proposed rule could backfire. Congress created the bureau in 2010 to protect consumers from financial scams.

Persons: ” Rohit Chopra, ”, Lael Brainard, Joe Biden’s, there’s, Trump Organizations: New, New York CNN, Consumer Financial, National Economic Council, Banking, Consumer Bankers Association, Court Locations: New York

☆ Americans who are charged overdraft fees are now on track to save $225 a year
▼ + stars: | 2024-12-12 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

The CFPB previously found that banks were charging Americans unnecessary overdraft fees. AdvertisementOn Thursday, the Consumer Financial Protection Bureau announced that it finalized a rule that would limit overdraft fees at the bank. Overdraft fees are charged when customers make a withdrawal that results in a negative account balance. Lower-earning Americans are disproportionately impacted by overdraft fees, per a previous report from the CFPB. Have you paid overdraft fees or struggled with banking fees?

Persons: Rohit Chopra, Donald Trump, Elon Musk, Vivek Ramaswamy, Musk, Chopra, Musk's Organizations: Consumer Financial, Bureau, Department of Government, asheffey

☆ CFPB announces rule limiting bank overdraft fees
▼ + stars: | 2024-12-12 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks' ability to charge overdraft fees. The CFPB rule applies to banks and credit unions with at least $10 billion in assets. The CFPB said that its overdraft rule will take effect Oct. 1, 2025, though its ultimate fate is unclear. Even before the election victory of Donald Trump last month, the fate of the overdraft rule would've been murky, thanks to industry pushback. Bank lobbying groups have argued that the overdraft rule, first proposed in January as part of Biden's war on junk fees, would reduce access to overdraft services and could send customers to worse alternatives like payday loans.

Persons: Rohit Chopra, Biden, Donald Trump, Trump Organizations: Financial, Consumer Financial, JPMorgan Chase, Bank of America, Bank, Consumer Bankers Association

☆ Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers say
▼ + stars: | 2024-12-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Sen. Elizabeth Warren led over 20 colleagues in requesting the CFPB and FTC investigate student-loan company Navient. A group of Democratic lawmakers said that a major student-loan company is denying some student-loan borrowers relief that they might qualify for. Instead, they can request a school misconduct application from Navient, and Navient would then decide whether to approve it. AdvertisementThe issue, the lawmakers wrote, is that Navient has denied relief for the majority of borrowers who applied. BI previously spoke to some borrowers who have attempted to navigate Navient's school misconduct application process.

Persons: Sen, Elizabeth Warren, Navient, it's, Alexandria Ocasio, Cortez, Ron Wyden, Warren, Nick Eucker Organizations: Democratic, Consumer Financial Protection Bureau, Federal Trade Commission, Navient, Business, BI Locations: Alexandria

☆ The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why
▼ + stars: | 2024-12-10 | by ( Jessica Dickler | Jessica Dickler Is A Personal Finance Writer For Cnbc. | ) www.nbcnews.com time to read: +4 min

It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in March 2022. But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average credit card interest rate fell by just 0.13%. For some retail credit cards, interest rates are still rising. The average retail card rate increased by more than a full percentage point over the past year, according to Bankrate. McBride advises consumers against signing up for a store credit card with a high rate during the peak shopping season.

Persons: ”, Greg McBride, ” McBride, Matt Schulz, LendingTree’s, ” Schulz, McBride, Cardholders Organizations: Federal, Fed, CNBC, Consumer Financial, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York

☆ How tech's right-wing elite made 'debanking' claims into a political rallying point
▼ + stars: | 2024-12-10 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +15 min

There is no guaranteed right to banking services, and Andreessen and Musk both have a history of making inflammatory political statements. Last week, in a victory for the crypto industry, Trump said he would appoint the venture capitalist David Sacks, an industry ally, as his “White House A.I. Tom Williams / CQ-Roll Call via Getty Images fileTrump during the campaign wooed crypto industry support in part by talking about debanking. Still, his comment prompted others to share personal stories about losing access to banking services with no explanation and despite having good credit. At least one bank industry trade group says debanking is a real issue — and one that’s caused by government regulators’ pressure.

Persons: Elon Musk, Marc Andreessen, Biden, debanked, ”, Joe Rogan, ” —, Musk, JPMorgan Chase, Donald Trump, Andreessen Horowitz, debanking, Rohit Chopra, Joe Biden, Trump, David Sacks, ” Sacks, Paul Atkins, Tom Williams, they’ve, Melania Trump, “, wouldn’t, Barron Trump, Donald Trump Jr, Ritchie Torres, cryptocurrency, they’d, ” Marisa Coppel, Rogan, Andreessen, Sid Kalla, Kalla, ” Kalla, Chase, Jamie Dimon, It’s, Sen, Kevin Cramer, ” Cramer, ” Donald Trump, Justin Sullivan, it’s, Obama, Sam Bankman, Paul Grewal, ’ ”, Banks Organizations: Netscape, Treasury Department, JPMorgan, Consumer Financial Protection Bureau, ”, debanking, The Free Press, PayPal, Securities and Exchange Commission, Republican National Convention, Getty, Trump, White House, Blockchain Association, Roll Labs, Turing Holdings, Chase, Labs, Bank Policy Institute, FBI, North Korean, Banking Act, NBC News, Justice Department, Federal Reserve, Federal Deposit Insurance Corp, FDIC, “ Locations: U.S, North Korea, Milwaukee, Nashville , Tennessee, America, New York, Brooklyn Heights, paychecks, North Dakota, Fargo, N.D

☆ The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
▼ + stars: | 2024-12-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"One of the unintended consequences of trying to impose limits on fees is that it often leads to higher rates," said Greg McBride, chief financial analyst at Bankrate.com. Card issuers are mitigating their exposure against borrowers who may fall behind on payments or default, he said. watch now"It doesn't surprise me that card issuers would try and get out in front of these changes," said Matt Schulz, LendingTree's chief credit analyst. "Rates are not going up on an existing balance," McBride said. However, credit card delinquency rates are already "elevated," with 8.8% of balances transitioning to delinquency over the last year, and the share of borrowers with revolving balances rising as more people rack up new debt over the holidays.

Persons: Grace Cary, Greg McBride, McBride, Matt Schulz, LendingTree's, Schulz Organizations: Consumer Financial, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York

☆ Fixing mistakes on your credit report could boost your credit score—here’s how to do it for free
▼ + stars: | 2024-12-08 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

From data entry mistakes to the results of identity theft, errors on your credit report can lower your credit score. "Your Experian credit report can look very different from your TransUnion credit report, which can look very different from your Equifax credit report," Schulz says. By law, you can receive one free credit report from each major credit bureau every year by visiting annualcreditreport.com. Last year, all three major credit bureaus permanently extended a program that allows you get your credit report for free once a week. Once you obtain your credit report, look closely for errors, such as accounts that aren't yours, incorrect credit limits or unauthorized hard credit inquiries.

Persons: Matt Schulz, Schulz, annualcreditreport.com Organizations: Consumer Financial, Bureau

The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits. Direct Express card users are primarily elderly and disabled Social Security beneficiaries who otherwise lack access to traditional forms of banking. As a result, Direct Express cardholders were not able to dispute charges and bookkeeping errors. Through the vendors, Comerica forced Direct Express cardholders to pay ATM fees to access their government benefits in situations where the cardholders were entitled to free withdrawals. “Today, the CFPB doubled down by filing a countersuit against Comerica Bank,” a Comerica spokesperson said Friday.

Persons: ”, Rohit Chopra, who’d, cardholders, Comerica, CFPB, “, Donald Trump, Elon Musk, Jesse Van Tol Organizations: Consumer Financial, Comerica Bank, Social Security, Comerica, U.S . Department of Treasury, Direct, “ Comerica, Comerica ”, ”, U.S . Treasury Department, National Community Reinvestment Coalition, NBC News, Federal Reserve Locations: Texas, U.S

☆ Google files suit against Consumer Financial Protection Bureau
▼ + stars: | 2024-12-06 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

CNN —Google sued the Consumer Financial Protection Bureau on Friday, challenging the agency’s decision to place Google’s payment division under federal supervision. The lawsuit, filed in the US district court in Washington DC, comes after the CFPB published an order announcing supervisory authority of Google Payment Corp. The agency alleged that Google’s handling of its payment products may pose a risk to consumers. In a statement, Google spokesperson José Castañeda said Google’s payment products never posed a risk to users. In the company’s lawsuit, Google argued that the CFPB committed a legal error by setting an “exceedingly low bar” for what it counts as sufficient risks to consumers.

Persons: José Castañeda, ” Organizations: CNN, Google, Consumer Financial, Google Payment Corp Locations: Washington DC, U.S

☆ CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
▼ + stars: | 2024-12-06 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +1 min

The Consumer Financial Protection Bureau filed a complaint Friday against Comerica Bank , accusing the regional bank of failing to administer a federal benefits program that uses prepaid debit cards. The lawsuit claims Comerica Bank "intentionally terminated" more than 24 million customer service calls, charged more than 1 million cardholders ATM fees they didn't owe and mishandled fraud complaints while providing federal benefits through the Direct Express prepaid debit card program. The Direct Express program is a prepaid card that beneficiaries of Social Security and other federal programs can use to pay for expenses including groceries and gas. The Office of the Comptroller of the Currency also fined the bank $125 million in a separate order. Representatives from Comerica Bank did not immediately respond to a request for comment.

Persons: Rohit Chopra Organizations: Consumer Financial, Comerica Bank, Direct, Comerica, Social Security, Department of, Treasury, Bank of America, Currency

☆ The Democrats who aren't writing off Elon Musk's DOGE
▼ + stars: | 2024-12-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

AdvertisementMost Democrats aren't interested in Elon Musk and Vivek Ramaswamy's "DOGE" initiative. "Musk is a narcissist, a grifter, and a self-serving plutocrat," said Democratic Rep. Greg Casar of Texas. "I don't have my hopes up that Elon Musk is going to do anything other than really awful, stupid, self-serving stuff." AdvertisementRep. Jared Moskowitz is joining the DOGE caucus — but has no interest in serving on the DOGE subcommittee. Related stories"If Musk is going to help bring accountability to defense contractors, that's something that Democrats should welcome," said Khanna.

Persons: aren't, Elon Musk, Vivek Ramaswamy's, Greg Casar, Ramaswamy, Musk —, Donald Trump, —, Ro Khanna, Sen, Bernie Sanders of, Jared Moskowitz, Moskowitz, Trump, that's, Tom Williams, Getty Images Khanna, Khanna, Alexandria Ocasio, Cortez, Sanders, hasn't, There's, Musk, Barack Obama, Democratic Sen, Tina Smith, Marjorie Taylor Greene Organizations: Elon, Republicans, Department of Government, Democratic, DOGE, California, Democrat, of Homeland, Federal Emergency Management Agency, Service, Getty Images, SpaceX, Consumer Financial Protection Bureau, Congress, Republican Locations: Texas, Bernie Sanders of Vermont, Florida, United States, Alexandria, Cortez of New York, Vermont, Marjorie Taylor Greene of Georgia

☆ FTC takes action against companies accused of unlawfully tracking and selling location data
▼ + stars: | 2024-12-03 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information. Venntel and Gravy Analytics Inc., Venntel's parent company, are banned from “selling, disclosing, or using sensitive location data in any product or service,” a proposed order from the FTC states. The companies must also establish a sensitive data location program. A complaint alleges that Venntel and Gravy Analytics violated the FTC Act by collecting and selling consumer data without proper consent. The companies must also delete all sensitive data already collected if it is not compliant with the FTC's proposed order.

Persons: ”, ” Samuel Levine, Alvaro Bedoya Organizations: Federal Trade Commission, Analytics, Department of Homeland Security, Drug Enforcement Administration, FBI, FTC, Gravy Analytics, Consumer, NBC, Consumer Financial Locations: Virginia, FTC’s

☆ This factor can get your mortgage application denied — even if you're a high earner
▼ + stars: | 2024-12-03 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. The debt-to-income ratio was the most common reason for a denied mortgage application, at 40%, according to the 2024 Profile of Homebuyers and Sellers report by the National Association of Realtors. Take your total required monthly debt payments, like your monthly student loan or car loan payment. Divide that sum by your gross monthly income, she said. If the lender accepts up to 50% DTI, the borrower may be able to take up a $2,500 monthly mortgage payment.

Persons: Clifford Cornell, Shweta Lawande, Brian Nevins, That's, Nevins, Shaun Williams, Williams Organizations: Financial, Bureau, National Association of Realtors, NAR, Francis Financial, Bay Equity, CNBC, Paragon Capital Management Locations: New York City, It's, Denver

☆ Banks hit credit card users with higher rates in response to regulation that may never arrive
▼ + stars: | 2024-12-03 | by ( Hugh Son | ) www.cnbc.com time to read: +5 min

In this article SYFBFHJPMBARC-GBCCOF Follow your favorite stocks CREATE FREE ACCOUNTA customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Synchrony and Bread raised the annual percentage rates, or APRs, on their portfolios by an average of 3 to 5 percentage points, according to Sakhrani. Some pain, no gainThe CFPB says the credit card industry profits off borrowers with low credit scores by charging them onerous penalties. In March, the agency introduced a rule to cap late fees at $8 per incident, down from an average of about $32. While the rule is currently held up in courts, card users are already dealing with the higher borrowing costs and fees attributed to the regulation.

Persons: Robert Nickelsberg, Banks, Sanjay Sakhrani, Perry Beberman, We've, Beberman, Athleta Organizations: Getty, Verizon, JCPenney, Consumer Financial, CNBC, U.S . Chamber of Commerce, Federal Reserve Bank of New, Citigroup, Barclays, JPMorgan Chase, American Express, Banana Locations: New York City, Federal Reserve Bank of New York, Stamford , Connecticut, Banana Republic

But more recently, Republicans have signaled plans to defang the agency, and Trump has named authors of Project 2025 — which calls for eliminating the CFPB — to influential posts. It has clawed back nearly $20 billion in consumer relief and issued a litany of rules and guidance aiming to rein in financial institutions. The financial services industry bristles at many of these efforts. Buy now, pay later protectionsAs BNPL services skyrocketed in popularity during the pandemic, the agency quickly built guardrails around them. Removal of medical debt from credit reportsThis summer, the agency proposed banning medical debt from appearing on consumers’ credit reports.

Persons: Donald Trump, Sen, Elizabeth Warren, Trump, multibillionaire Trump, Elon Musk, ” “, ”, Adam Rust, Jesse Van Tol, “, Rohit Chopra, Michael A, McCoy, ” Lindsey Johnson, JD Vance, —, everyone’s, Mick Mulvaney, Trump’s, Oliver Contreras, Armen Meyer, Meyer, Chopra, Rob Bonta Organizations: Consumer Financial, Senate, White, NBC, Federal Reserve, Republicans, Consumer Federation of America, Community Reinvestment Coalition, Consumer Bankers Association, Biden, Trump, Apple, GOP, ” Agency, Agency, Consumer, overdrafts, Electronic, Washington Post, Reuters Locations: Wells, Washington, Colorado, New York, California

For example, right now, you can take 10% off a $100 Uber gift card or 20% off a $50 Spafinder gift card. As Black Friday sales tend to come and go, check this page often as we continue to update with new gift card deals. The best Black Friday gift card dealsInstacart $100 Gift Card $100.00 Instacart is a handy way to get ahold of your groceries without ever leaving the house. View at AmazonGap Options Gift Card $9.00 $10.00 Save 10% Take 10% off any denomination between $10 and $500 gift card using promo code SHOPEARLY. View at Giftcard.comBlack Friday gift cards FAQWhat is the best gift card to give?

Organizations: Business, Old Navy, Walmart, Financial, Bureau, Target Locations: Banana Republic

☆ Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
▼ + stars: | 2024-11-27 | by ( Eliza Relman | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk says he wants to eliminate the Consumer Financial Protection Bureau. The CFPB was created after the 2008 crisis to protect consumers from financial abuses. "Delete CFPB," Musk wrote on X early Wednesday of the Consumer Financial Protection Bureau. The agency investigates consumer complaints related to credit cards, loans, bank accounts, and debt collection and enforces consumer protection laws. Earlier this year, the CFPB also limited credit card late fees to $8 a month, compared to the average $32 fee charged by issuers in 2022.

Persons: Elon Musk, Musk, Vivek Ramaswamy, Dodd, Frank, Democratic Sen, Elizabeth Warren, Barack Obama, Warren, Wells Fargo, who've, —, Clarence Thomas Organizations: Financial, Bureau, Elon, Consumer Financial, Trump, Government, Trump Administration, Congress, Democratic, Harvard Law School, Personnel Management, Bank of America, of America, Apple, Google, Federal Locations: Wells Fargo, Wells

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