The Death of the Consumer Financial Protection Bureau: What It Means for You (and Your Wallet)

Imagine waking up to find that all the rules keeping your bank from charging you $50 every time you sneeze the wrong way have vanished overnight. That’s essentially what’s happening as the Consumer Financial Protection Bureau (CFPB) is being dismantled in early 2025. Led by Acting Director Russell Vought, the agency has been ordered to …

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Bank Of America Backs Off $5 Debit Card Fees After Anti-Fee Petition Skyrockets

Just one month ago I wrote about the implementation of debit card fees coming into play for big banks such as Chase, Wells Fargo and most notably Bank of America. Due to the change in a new government regulation that caps what banks can charge merchants for debit transactions they announced plans to implement a …

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