The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, Rep. French Hill (AR-02), and Rep. Mike Flood (NE-01) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra regarding the Bureau’s proposed rule “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.”
NEW YORK – New York Attorney General Letitia James today sued Citibank, N.A. (Citi) for failing to protect and refusing to reimburse victims of fraud. The lawsuit alleges that Citi does not implement strong online protections to stop unauthorized account takeovers, misleads account holders about their rights after their accounts are hacked and funds are stolen, and illegally denies reimbursement to victims of fraud.
In a recent legal move, the Federal Trade Commission has issued an opinion and final order (PDF) against Intuit Inc., the company behind the widely used TurboTax tax filing software, according to a press release from the FTC.
With inflation impacting budgets, many are seeking ways to manage their expenses effectively. The 2022 Consumer Expenditure Survey by the Bureau of Labor Statistics reveals that the average American household’s monthly expenses total approximately $6,081, equating to $72,967 annually. This amount includes costs for housing, transportation, food and other essential categories
SMITHFIELD – Navigant Credit Union recently earned a five-star rating from Newsweek, ranking it as one of the nation’s best regional banks and credit unions.
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