CFPB Drops Zelle Lawsuit
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Zelle payment platformAssociated Press News
•US Politics
US Politics
CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
78% Informative
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks.
Federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.
The dismissal comes less than a week after the CFPB dropped several enforcement actions against companies like Capital One and Rocket Homes .
VR Score
76
Informative language
72
Neutral language
58
Article tone
formal
Language
English
Language complexity
65
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
2
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