One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle – the popular money transfer system. The Consumer Finance Protection Board (CFPB) argued that the service was ripping off consumers. But that was quite a stretch given that Zelle is virtually a free service for customers.  

Now that the Trump administration has all but closed down the CFPB, this is the first of many lingering lawsuits that needed to be tossed. Which, thankfully, the administration did on Tuesday.

In........

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