Blumenthal Calls on CFPB to Investigate Zelle and Big Banks for Mishandling Fraud
August 05, 2024
August 05, 2024
WASHINGTON, Aug. 5 -- Sen. Richard Blumenthal, D-Connecticut, issued the following news release:
Senator Richard Blumenthal (D-CT), Chair of the Permanent Subcommittee on Investigations (PSI), is calling on the Consumer Financial Protection Bureau (CFPB) to investigate dispute resolution practices of Early Warning Services (EWS), the operator of Zelle, as well as JPMorgan Chase, Bank of America, and Wells Fargo (the "Three Banks"), which collectively represent 73 percent o . . .
Senator Richard Blumenthal (D-CT), Chair of the Permanent Subcommittee on Investigations (PSI), is calling on the Consumer Financial Protection Bureau (CFPB) to investigate dispute resolution practices of Early Warning Services (EWS), the operator of Zelle, as well as JPMorgan Chase, Bank of America, and Wells Fargo (the "Three Banks"), which collectively represent 73 percent o . . .