Apple News Today This agency protects consumers from fraud. Musk wants it gone.
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Feb 12, 2025 A deep dive reveals lawyers' concerns over migrants in a legal black hole at Guantanamo Bay. Discussions shift to the CFPB under fire as Trump targets consumer protection, exacerbated by rising scrutiny. Tensions rise with the release of an American teacher from a Russian prison amid ongoing geopolitical conflicts. Health alerts signal a surge in flu cases, while Hollywood celebrates gender parity as women actors finally catch up with their male counterparts. It's a whirlwind of urgency, politics, and social change.
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CFPB Role
- The CFPB oversees financial products and protects consumers from fraud.
- It was created after the 2008 financial crisis.
Bank of America Fees
- The CFPB ordered Bank of America to pay over $100 million to customers for double-dipping on fees.
- Bank of America was accused of withholding credit card rewards and misusing personal info.
Marc Fogel's Release
- Teacher Marc Fogel was imprisoned in Russia for having medical marijuana.
- His release is seen as a sign of goodwill in efforts to end the war in Ukraine.