Skip to main content

Understand. Power. Act.

The Library

New

One story, all the way down.

What happens to Zelle or Venmo payments when your bank account is frozen?

A frozen account can disrupt more than bill payments. Here's what could happen to money sent through payment apps.

Coverage (1)· Sep 15, 3:41 PM

Every telling

their own versions

CBS News· Sep 15, 3:41 PMWhat happens to Zelle or Venmo payments when your bank account is frozen?

The thread

Before

How bank algorithms are locking out small businessesAutomated bank algorithms lock out viable small businesses and harm local economies. Federal law must mandate human loan appeals.

Washington Examiner20d agoWhole story →

Economy small business lending reform

Elizabeth Warren Rallies Democrats Against Crypto In Senate ShowdownTuesday’s vote on cryptocurrency pits progressives against the Democratic establishment, Republicans and the crypto industry.

HuffPost20d agoWhole story →

Government Elizabeth Warren crypto regulation vote

Federal Reserve is expected to raise its benchmark rate, defying Trump's demandsThe Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high

Breitbart News Network20d agoWhole story →

Economy Donald Trump federal reserve rate hike

To ensure permanent economic innovation, we must pass the Clarity Act nowCongress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (D-Mich.)

CoinDesk20d agoWhole story →

Economy Shri Thanedar digital asset regulation debate

US Stock Futures Fall Ahead of Fed Meeting as Oil and Treasury Yields Rise: Dow Jones, S&P, Nasdaq, Wall StreetUS stock futures moved lower on Tuesday ahead of the Federal Reserve's two-day monetary policy meeting, while investors also monitored higher oil prices,

EUROPE SAYS21d agoWhole story →

Planet fed meeting

Since

Kevin Hassett says Powell should 'move on' to preserve Fed independenceKevin Hassett says Jerome Powell should leave the Federal Reserve Board, arguing his continued presence as former Fed chair is "unprecedented" and undermines central bank independence.

Fox Business1d agoWhole story →

Economy fed leadership debate

Fed Reserve Snapshot Slides $88.2 Billion Even as Weekly Average Climbs - BigGo FinanceA sharp drop in the Federal Reserve's Wednesday snapshot of bank reserves masked a more resilient underlying trend in late September, underscoring the danger

EUROPE SAYS1d agoWhole story →

Economy fed reserve report

At Trump’s Rallies, a Familiar Mix of Rituals and a Plea to ‘Please Pretend’President Trump is doggedly lending his support to Republican candidates facing a rough midterm season. He is the same campaigner he has always been, but his crowds have changed.

The New York Times1d agoWhole story →

Mark Zandi Says Higher Rates Are Already Starting To Damage The EconomyMoody’s chief economist Mark Zandi warned before the Federal Reserve’s September meeting that raising rates would be a “serious Fed policy mistake.” The Fed

EUROPE SAYS1d agoWhole story →

Economy federal reserve rate hike

Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaOn September 17, the Federal Reserve raised interest rates for the first time since July 2023 and indicated another hike could follow, as part of its effort

EUROPE SAYS23h agoWhole story →

Economy fed interest rate hike

More like this

similar stories in the archive

Officers, inmates among 5 charged in smuggling ring at federal prisonThe scheme led to $100,00 being transferred among the suspects via apps like Zelle and Venmo, authorities allege.

NJ.com20d agoWhole story →

Justice federal prison smuggling ring charges

Trump administration has cut or frozen $177 billion in grants across every state, analysis showsAn analysis finds that the Trump administration has cut or frozen up to $177 billion in federal grants since the president took office for his second term. On Wednesday, a nonprofit and a group of researchers and scientists released a tracking tool that shows the cuts have affected all states and the District of Columbia. Health, nutrition, the…

The Atlanta Journal-Constitution20d agoWhole story →

Food federal grant cuts

Cleveland gun trafficker funded operation with stolen bank account information, feds sayJohn Williams used stolen bank account data to fund illegal gun sales, with the weapons linked to at least four shootings, federal prosecutors say.

cleveland.com24d agoWhole story →

Economy gun trafficking indictment

DHS disputes account as police release videoA federal judge temporarily blocked Wilber Garcés Pérez’s deportation as DHS disputed his account and Austin police continued investigating the shooting.

The Dallas Morning News13d agoWhole story →

Security austin ice shooting investigation

CEO Challenges Official Account of Bank ClosureAlan Lane disputed federal findings that cited concentrated crypto deposits, funding risks and weaknesses in Silvergate’s risk management and AML controls.

Cointelegraph27d agoWhole story →

Economy silvergate bank closure

Woman Must Pay Late Ex-Husband’s Foreign Bank Account PenaltiesA New York woman must pay tax penalties out of her late ex-husband’s estate because he failed to report to the IRS hundreds of thousands of dollars he had deposited in foreign bank accounts, a federal court ruled.

Bloomberg Tax News24d agoWhole story →

Security foreign bank account ruling

GOP Senator Flooded With Venmo Requests After Trump PostThe president put Sen. Tom Cotton’s phone number online, and the internet did its thing.

The Daily Beast1d agoWhole story →

Government Tom Cotton daylight saving time debate

US Prosecutors Want $84.2 Million From a Bank Tied to TetherFederal prosecutors are targeting a Montana payments firm and a Caribbean bank accused of moving money without a license.

Decrypt10d agoWhole story →

Economy tether bank forfeiture