The CFPB drops its lawsuit against Capital One, marking a major reversal
The Consumer Financial Protection Bureau on Thursday dropped five major legal cases it had underway — including a big lawsuit against Capital One — marking a major reversal for an agency that had pursued aggressive action against financial institutions accused of wrongdoing during the Biden administration.
The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.
A federal judge extended a temporary restraining order blocking the Consumer Financial Protection Bureau from sending money ...
The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed a trio of enforcement lawsuits undertaken by the previous administration’s director. In legal filings, the CFPB issued a ...
Capital One customers hoping for restitution following allegations of interest payment discrepancies may be disappointed.
Keefe Bruyette analyst Sanjay Sakhrani says the Consumer Financial Protection Bureau dropped its enforcement action against Capital One (COF) ...
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