Capital One allegedly cheated users out of $2B interest, CFPB claims
Big Government.
This decision couldn't come at a better time for those of us in the banking sector, particularly for those who have been vocal advocates for financial freedom and the right to hold one's political views without fear of reprisal.
Bad news came down the wire for small business owners on Monday, December 23, 2024, when a three-judge panel lifted the nationwide block of the Corporate Transparency Act, which we’ve discussed recently on our blog. Judge Mazzant of the US District Court for the Eastern District of Texas granted a preliminary injunction against the CTA, ruling that it falls outside of Congress's powers. That injunction is now lifted, and the CTA is back.
The Consumer Federal Protection Bureau (CFPB) has filed a lawsuit against three massive banks and the operators of Zelle, Early Warning Services, for failing to protect Americans from fraud on the Zelle network. The suit alleges that three of the banks that own Zelle – Chase Bank, Bank of America, and Wells Fargo Bank – did not implement proper safeguards against payment fraud on the app and also failed to adequately investigate complaints of fraud or assist customers in recovering their money. The banks even told consumers they should contact the fraudsters (i.e., the criminals) directly to get their money returned.
Students from across the nation will gather in Phoenix, Arizona, December 19-22 for Turning Point’s AmericaFest 2024. During these incredible four days, our young leaders will hear from some of America’s top conservative voices and organizations, build community with other like-minded students, and be energized by incredible music concerts from renowned artists. Guest speakers at AmericaFest 2024 include President Donald Trump, Old Glory Bank co-founder Dr. Ben Carson, Tucker Carlson, Glenn Beck, Charlie Kirk, Ben Shapiro, Matt Walsh, Michael Knowles, Tom Homan, and many more.
At Old Glory Bank, we look at this next generation of young leaders with admiration and optimism. Their leadership on college campuses today and in their communities in years to come will bless our country. We are honored to have the opportunity to help secure the privacy and liberty of their financial future. We provide the banking foundation and personal service they need as they enter adulthood, along with the leading-edge technology they expect as the digital generation.
If you or a young adult in your life will be at AmericaFest 2024, please stop by and say hello at Old Glory Bank's booth, #908. In the tradition of the beloved community banks we grew up with, we are even giving out lollipops!
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Breaking News! Nationwide Injunction is back ON for the CTA, thanks to the “merits” panel of the Fif...
On December 23, 2024, a three-judge panel of the Fifth Circuit Court of Appeals lifted U.S. District...
The Consumer Federal Protection Bureau (CFPB) has filed a lawsuit against three massive banks and th...
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Old Glory Bank is proud to sponsor Turning Point’s AmericaFest 2024. Students from across the nation...
Debanking is real, folks. For two years, Old Glory Bank has been the lone voice in the wilderness wa...
