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BIZARRE: 2 - What They Never Told You

Government agency skewered by banking group for stern take on credit card rewards programs

The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be using bait-and-switch tactics in their rewards programs

The Independent UK

6 Ways Trump’s Closing This Major Consumer Advocacy Agency Could Impact Your Finances

Trump shuttering the Consumer Financial Protection Bureau could have a potentially significant effect on the finances of average Americans.

GOBankingRates

Venmo Down: Panic as Thousands Can't Pay Rent or Groceries — 'Am I the Only One?'

Venmo suffered a major outage, affecting over 70,000 users who were unable to access their funds for essential payments. The app was down for hours with minimal communication.

International Business Times UK

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Elizabeth Warren Slams Trump For Making Financial Cop CPFB Recite 'Humility Pledge': The President Is 'Wall Street First'

Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump and Director of the Office of Management and Budget, Russ Vought, for undermining the Consumer Financial Protection Bureau in favor of big financial institutions on Wall Street that it supervises.

Benzinga

Trump nominates CFPB leader, but Vought's 'not going anywhere' - Roll Call

President Donald Trump nominated a new CFPB leader, but the administration acknowledges OMB Director Russ Vought will remain in charge.

Roll Call

Bank of America Customers: 5 Fees You Can Negotiate Away

Some of the biggest banks, most notably Bank of America, charge a laundry list of fees -- but the good news is that customers can avoid many of them.

GOBankingRates

Elizabeth Warren Blasts Trump For Trying To 'Kill' CFPB As Court Undermines Funding: 'Absurd And Plainly Illegal'

Sen. Elizabeth Warren (D-Mass.) slammed the Trump administration after a court ruling declared the funding mechanism of the Consumer Financial Protection Bureau (CFPB) illegal.

Benzinga

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Trump administration moves again to dismantle top US consumer watchdog

Government argues funding mechanism behind Consumer Financial Protection Bureau is unlawful

The Guardian - US

Medical Debt Vanishing From Credit Files—And Why a Court Fight Could Change the Rollout in 2025

More than one in five Americans has medical debt on their credit reports—and in January 2025, the Consumer Financial Protection Bureau (CFPB) finalized a landmark...

Saving Advice

Jeff Bezos Says All Decisions Are ‘Type 1’ or ‘Type 2’: Here’s How To Apply This to Your Finances

Here's what these decisions are and how they can apply to your finances.

GOBankingRates

Buy Now, Pay Later Is Dying: 10 Reasons We May Be at the End of BNPL

Just a few years ago, “Buy Now, Pay Later” (BNPL) apps like Afterpay, Klarna, and Affirm were everywhere—promising shoppers a way to split purchases into...

Saving Advice

How are unions pushing back against Trump’s attacks on labor and layoffs?

Unions are battling in court to halt firings and ensure workers retain their collective bargaining rights

The Guardian - US

Elizabeth Warren Claims Consumer Watchdog Russ Vought Wants To Ax Recovered $21 Billion, Says Trump Loves 'Grifters And Scammers'

Sen. Elizabeth Warren (D-Mass.) on Wednesday accused the White House of trying to dismantle the nation's consumer watchdog, seizing on comments from White House budget director Russell Vought that the administration aims to close the Consumer Financial Protection Bureau within months.

Benzinga

White House pushes for more firings as judge blocks shutdown layoffs

That's more than twice as many terminations as the White House said it was conducting.

Axios

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Benzinga

Apple Settlement Ends Early As CFPB Scales Back Oversight

The Consumer Financial Protection Bureau ended settlements with Apple (NASDAQ:AAPL) and U.S. Bank years ahead of schedule, as per September court filings. The move aligns with President Donald Trump’s broader effort to scale back CFPB oversight of consumer finance, including dropping settlements with Toyota Motor (NYSE:TM) and Bank of America…

MarketBeat

After the Fed's Rate Cut, PNC Could See a Mortgage Refinance Boom

With the Fed's rate cut, banks with exposure to the mortgage industry will see increased demand from loan originations and refinancing. PNC is one of them.

GOBankingRates

5 Red Flags That You’re Drowning in Debt Due to ‘Buy Now, Pay Later’

BNPL loans are easy, but they can lead to serious debt if you're not careful. Spot these red flags before your credit score and finances spiral out of control.

Benzinga

Elizabeth Warren, Bernie Sanders Question JPMorgan Chase, Wells Fargo, Other Banks On Exorbitant Overdraft Fess: Report

Elizabeth Warren (D-Mass.) Bernie Sanders (I-Vt.) and Richard Blumenthal (D-Conn.) have reportedly written to major banks, seeking clarification on the potential impact of the Trump administration’s rollback of a financial regulation.

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Fortune

3 reasons why Klarna’s valuation has fallen by nearly 70% from its peak just a few years ago

Once Europe's most valuable startup and the second-highest fintech at $45.6 billion, it's going public at a $14 billion valuation.

Fortune

Exclusive: Democratic senators press big banks after Trump kills consumer protection rule that capped overdraft fees at $5

Sen. Warren (D-Mass.) and other senators sent letters to JPMorgan, Wells Fargo, and other banks about the Consumer Financial Protection Bureau rule.

International Business Times UK

Tesla's Unpaid Millions Push Small Businesses Into Bankruptcy

Firms face bankruptcy due to unpaid invoices, while Musk's focus on politics draws criticism. Investigations continue as Tesla's sales drop.

Benzinga

Trump Worth More Than $5 Billion After $100 Million In Bond Purchases While In Office

President Donald Trump has purchased more than $100 million worth of bonds since taking office in January, according to official filings with the U.S. Office of Government Ethics.

Benzinga

Trump Jr-Backed Gun Financing Firm Cleared As Feds End Biden-Era Probe Over Political Bias

The Consumer Financial Protection Bureau has dropped a Joe Biden-era probe into Credova Financial, a gun financing firm tied to Donald Trump Jr., saying the case was improperly motivated by politics.

Saving Advice

What’s the Real Reason Some Banks Are Denying Retirees Service?

Some banks are pulling back services for older clients in subtle but impactful ways. These actions aren’t typically labeled as age discrimination—but they often leave...

Fortune

Inside the battle between the old guard and the upstarts for the future of the financial system

Fintech and crypto companies are teaming up in a fight for open banking rules.

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