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CFPB withdraws ‘inappropriate’ filing in NY AG’s suit against Citi

Summary by bankingdive.com
The bureau’s brief was withdrawn because it “advances an interpretation of the Electronic Funds Transfer Act that has never been embraced by any federal court prior.”

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paymentsdive.compaymentsdive.com
Center

CFPB nixes filing in case tied to Electronic Funds Transfer Act

The bureau’s brief was withdrawn because it “advances an interpretation of the law that has never been embraced by any federal court prior.”

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bankingdive.combankingdive.com
Center

CFPB withdraws ‘inappropriate’ filing in NY AG’s suit against Citi

The bureau’s brief was withdrawn because it “advances an interpretation of the Electronic Funds Transfer Act that has never been embraced by any federal court prior.”

Read Full Article
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bankingdive.com broke the news in on Thursday, March 27, 2025.
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