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Wildfire Coverage
President Trump empowers Musk’s DOGE team to review federal agencies
Alex Cameron
Polls show most Americans agree that President Donald Trump’s recent actions align with his campaign promises. However, his decision to empower Elon Musk and his DOGE team to review federal waste and abuse is dividing the country.
Your Money Matters: Medical Debt Banned From Credit Reports By New Biden Administration Rule
CBS News
Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration.
Fraud Schemes Targeting Older Adults On The Rise, How To Stay Safe
Destini Pittman
Adults over the age of 60 are more likely to be the target of online scams and fraud schemes. How do you know if scam? What can you do to prevent them?
Your Money Matters: New Consumer Protections For 'Buy Now, Pay Later' Loans
News On 6
The Consumer Financial Protection Bureau said lenders that offer interest-free payments in limited installments like Afterpay, Affirm, Klarna, and Paypal, must follow the same federal rules as credit card companies.
Credit Card Late Fees To Be Capped At $8 Under Biden Campaign Against 'Junk Fees'
CBS News
The White House Council of Economic Advisers produced an analysis indicating that the Biden administration's efforts overall will eliminate $20 billion in annual junk fees.
New Proposed Rule Could Ease Financial Burdens, Change Overdraft Fees
MaKayla Glenn
Experts said this proposal targets junk fees, which can occur when purchasing tickets to a game or booking a flight. They said a major part will also lower overdraft fees at banks.
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Biden Administration To Ban Medical Debt From Americans' Credit Scores
CBS News
The Biden administration announced a major initiative to protect Americans from medical debt on Thursday, outlining plans to develop federal rules barring unpaid medical bills from affecting patients' credit scores.
Biden Administration To Ban Medical Debt From Americans' Credit Scores
CBS News
The Biden administration announced a major initiative to protect Americans from medical debt on Thursday, outlining plans to develop federal rules barring unpaid medical bills from affecting patients' credit scores.
Bank Of America Hit With $250 Million In Fines For ‘Double-Dipping’ Fees, Fake Accounts
Associated Press
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
Bank Of America Hit With $250 Million In Fines For ‘Double-Dipping’ Fees, Fake Accounts
Associated Press
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
Next Steps For Borrowers After SCOTUS Blocks Student Debt Relief
Jordan Fremstad
Millions of student loan borrowers will not have their debt forgiven after a decision by the Supreme Court. The 6-3 decision derails President Joe Biden’s campaign to relieve debt for about 40 million Americans.
Next Steps For Borrowers After SCOTUS Blocks Student Debt Relief
Jordan Fremstad
Millions of student loan borrowers will not have their debt forgiven after a decision by the Supreme Court. The 6-3 decision derails President Joe Biden’s campaign to relieve debt for about 40 million Americans.
Wells Fargo To Pay $3.7B Over Consumer Law Violations
Associated Press
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts.
Wells Fargo To Pay $3.7B Over Consumer Law Violations
Associated Press
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts.
As ‘Buy Now, Pay Later’ Plans Grow, So Do Delinquencies
Associated Press
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.
As ‘Buy Now, Pay Later’ Plans Grow, So Do Delinquencies
Associated Press
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.
Complaints About Inaccurate Credit Reports Are Soaring
CBS News
Americans are on pace to set a record this year for the most complaints about credit report inaccuracies filed with the Consumer Financial Protection Bureau, according to Consumer Reports.
Complaints About Inaccurate Credit Reports Are Soaring
CBS News
Americans are on pace to set a record this year for the most complaints about credit report inaccuracies filed with the Consumer Financial Protection Bureau, according to Consumer Reports.
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Former ITT Tech Students Get $3.9B In Debt Cancellation
Associated Press
Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday.
Former ITT Tech Students Get $3.9B In Debt Cancellation
Associated Press
Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday.
Bank Of America Fined $225 Million For Botching Pandemic Benefits
CBS News
Regulators are fining Bank of America $225 million for bungling the distribution of unemployment benefits amid the pandemic, and are ordering the bank to compensate more than 100,000 people in a dozen states as a result.
Bank Of America Fined $225 Million For Botching Pandemic Benefits
CBS News
Regulators are fining Bank of America $225 million for bungling the distribution of unemployment benefits amid the pandemic, and are ordering the bank to compensate more than 100,000 people in a dozen states as a result.
Some Medical Debt Is Being Removed From US Credit Reports
Associated Press
Help is coming for many people with medical debt on their credit reports.
Some Medical Debt Is Being Removed From US Credit Reports
Associated Press
Help is coming for many people with medical debt on their credit reports.
Feds Fine Bank Of America $10 Million For Illegally Garnishing Bank Accounts
CBS News
Bank of America will pay a $10 million penalty and refund nearly $600,000 in fees to thousands of customers whose accounts were illegally garnished, the Consumer Financial Protection Bureau announced on Wednesday.
Feds Fine Bank Of America $10 Million For Illegally Garnishing Bank Accounts
CBS News
Bank of America will pay a $10 million penalty and refund nearly $600,000 in fees to thousands of customers whose accounts were illegally garnished, the Consumer Financial Protection Bureau announced on Wednesday.
Americans Often 'Forced' To Pay Medical Bills They Don't Owe, Feds Say
CBS News
It may come as little surprise that many Americans are besieged by medical bills, especially as the COVID-19 pandemic grinds on. Perhaps more eye-opening is that this is often for debt they have already paid or do not actually owe.
Americans Often 'Forced' To Pay Medical Bills They Don't Owe, Feds Say
CBS News
It may come as little surprise that many Americans are besieged by medical bills, especially as the COVID-19 pandemic grinds on. Perhaps more eye-opening is that this is often for debt they have already paid or do not actually owe.
Student Loan Program Changes Could Bring Millions Closer To Getting Out Of Debt
CBS News
The Education Department announced fixes on Tuesday to multiple student loan programs, giving thousands of borrowers immediate relief from student loan debt and bringing millions more years closer to having their student loans forgiven.
Student Loan Program Changes Could Bring Millions Closer To Getting Out Of Debt
CBS News
The Education Department announced fixes on Tuesday to multiple student loan programs, giving thousands of borrowers immediate relief from student loan debt and bringing millions more years closer to having their student loans forgiven.
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Top Headlines
Red Cross, Salvation Army, and Oklahoma Baptist Disaster Relief provide aid amid wildfire recovery
Destini Pittman
Multiple organizations are providing aid amid recovery efforts following Friday's wildfires.
Red Cross, Salvation Army, and Oklahoma Baptist Disaster Relief provide aid amid wildfire recovery
Destini Pittman
Multiple organizations are providing aid amid recovery efforts following Friday's wildfires.
Oklahoma Hospitals report 112 fire-related injuries
Destini Pittman
The Oklahoma Department of Health says 112 injuries related to the wildfires have been reported by area hospitals.
Oklahoma Hospitals report 112 fire-related injuries
Destini Pittman
The Oklahoma Department of Health says 112 injuries related to the wildfires have been reported by area hospitals.
FEMA: Fire Management Assistance Grants secured for 13 counties
Victor Pozadas
FEMA has authorized fire management assistance grants for 13 counties across the state of Oklahoma
FEMA: Fire Management Assistance Grants secured for 13 counties
Victor Pozadas
FEMA has authorized fire management assistance grants for 13 counties across the state of Oklahoma
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Top Headlines
Red Cross, Salvation Army, and Oklahoma Baptist Disaster Relief provide aid amid wildfire recovery
Destini Pittman
Multiple organizations are providing aid amid recovery efforts following Friday's wildfires.
Oklahoma Hospitals report 112 fire-related injuries
Destini Pittman
The Oklahoma Department of Health says 112 injuries related to the wildfires have been reported by area hospitals.
FEMA: Fire Management Assistance Grants secured for 13 counties
Victor Pozadas
FEMA has authorized fire management assistance grants for 13 counties across the state of Oklahoma
Town of Terlton seeks donations
Destini Pittman
The town of Terlton is seeking donations following the destruction due to Friday's wildfires.
State of Emergency issued for Mannford
Destini Pittman
The Mayor of the City of Mannford, Clay Abercrombie, has declared a state of emergency for Mannford following devastation due to Friday's fires.
Oklahoma Highway Patrol Troop B releases numbers in wildfire response
Victor Pozadas
Oklahoma Highway Patrol publishes their response on the many traffic and fire incidents for Friday's wildfires
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