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New York Attorney General Picks Up Zelle Lawsuit Abandoned by Trump

New York Attorney General Picks Up Zelle Lawsuit Abandoned by Trump

New York Attorney General Letitia James is suing the owner of Zelle for allegedly failing to protect its users from fraud, reviving claims the Trump administration had abandoned as part of its moves to gut a federal watchdog for consumers.
The Consumer Financial Protection Bureau filed a similar lawsuit against the payments platform and three of its bank owners at the end of the Biden administration. That lawsuit and other actions by the bureau have been rolled back since Trump officials took control of the agency.
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