Walmart vs US Government: Why has lawsuit been filed by US consumer finance watchdog?
Walmart and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees, Reuters reported.
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The Consumer Financial Protection Bureau said in a lawsuit that Walmart had told «last mile» drivers in its Spark Driver program it would fire them unless they collected their pay in Branch accounts opened without their consent, the agency said.
«Companies cannot force workers into getting paid through accounts that drain their earnings with junk fees,» CFPB Director Rohit Chopra said in a statement.
Representatives for Walmart and Branch Messenger did not immediately respond to requests for comment.
The CFPB has pursued enforcement and regulatory activity in the final days of President Joe Biden's administration, announcing a lawsuit on Friday against JPMorgan Chase, Bank of America and Wells Fargo over their handling of the payments platform Zelle.
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