The senate did a hearing with the banks that own Zelle earlier this year. It was one of the hearings that doesn’t happen very often, but you couldn’t tell the difference between the democrats and the republicans on the committee. They were both outraged at the bank’s failure to protect the consumer. Another example of why the CFPB is so important to consumers. Let’s hope they can get something done before Rohit is booted from the CFPB! (I’ll be very sad when that happens).
Yes, I remember that. I wish all that outrage would turn into action - but it seems likely those same GOP Senators will blindly follow Chief Oligarch Musk and his lackey, VP Trump.
The senate did a hearing with the banks that own Zelle earlier this year. It was one of the hearings that doesn’t happen very often, but you couldn’t tell the difference between the democrats and the republicans on the committee. They were both outraged at the bank’s failure to protect the consumer. Another example of why the CFPB is so important to consumers. Let’s hope they can get something done before Rohit is booted from the CFPB! (I’ll be very sad when that happens).
Yes, I remember that. I wish all that outrage would turn into action - but it seems likely those same GOP Senators will blindly follow Chief Oligarch Musk and his lackey, VP Trump.