The CFPB was established when Congress passed and President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. The statute was enacted to prevent the events that led to the 2008 Great Recession, the most profound economic crash and downturn since the 1929 Great Depression.

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. From Gov. Tim Walz becoming the Democratic nominee for vice president to the whirlwind conclusion of Minnesota's legislative session, 2024 was packed with political highlights in the state. From Gov. Tim Walz becoming the Democratic nominee for vice president to the whirlwind conclusion of Minnesota's legislative session, 2024 was packed with political highlights in the state. From Gov. Tim Walz becoming the Democratic nominee for vice president to the whirlwind conclusion of Minnesota's legislative session, 2024 was packed with political highlights in the state.

The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited identification methods', allowed fraud to run rampant.

Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.