US Bank Pays $35,700,000 Fine for Freezing Tens of Thousands of Accounts at Height of Pandemic, Blocking Unemployment Benefits Without Proper Recourse: CFPB

The Consumer Financial Protection Bureau (CFPB) says U.S. Bank will pay $35.7 million in fines for freezing tens of thousands of prepaid debit card accounts and making it difficult for people to regain access at the height of the pandemic. The agency says the bank blocked out-of-work Americans from accessing unemployment benefits on their ReliaCard […] source: https://dailyhodl.com/2023/12/23/us-bank-pays-35700000-fine-for-freezing-tens-of-thousands-of-accounts-at-height-of-pandemic-blocking-unemployment-benefits-without-proper-recourse-cfpb/