Senate Banking Committee Chairman Sherrod Brown, D-Ohio, urged the Consumer Financial Protection Bureau to address the risks posed by Chime, a San Francisco fintech that sparked a backlash this year after closing consumer accounts without warning.

Brown sent a letter to acting CFPB Director Dave Uejio Tuesday urging him to address the problems at Chime and other digital-only financial companies that claim to provide financial services to people not served by traditional banks.

Chime launched a broad marketing campaign this year by promising to speed up payments from federal stimulus checks and unemployment insurance, only to abruptly shutter some accounts while alleging fraudulent activity.

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