Sen. Marco Rubio questioned JPMorgan Chase and Co. CEO Jamie Dimon Tuesday about “politically-motivated de-banking” after the country’s largest banking company terminated the account of a conservative nonprofit. According to the office of the Florida Republican, JPMorgan Chase recently terminated the bank account of the National Committee for Religious Freedom (NCRF), a 501(c)4 political action nonprofit, but…
Tag: financial
Equifax error on credit scores causes financial chaos for affected customers: Report
A three-week-long coding issue for credit reporting agency Equifax between March and April left millions of consumers with incorrect credit scores, The Wall Street Journal reported Tuesday. The error occurred in a legacy on-premise server slated to be migrated into the company’s new data cloud. In a statement on its website, Equifax noted that “We…