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.
Consumer bureau drops lawsuit against Capital One
Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts.
The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions against financial services ...
The Consumer Financial Protection Bureau (CFPB) has officially dismissed its enforcement action against Capital One Bank, ...
The dismissals occurred while Trump’s nominee to head the CFPB, Jonathan McKernan, was on Capitol Hill testifying before the Senate in a confirmation hearing.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Capital One customers hoping for restitution following allegations of interest payment discrepancies may be disappointed.
A federal judge extended a temporary restraining order blocking the Consumer Financial Protection Bureau from sending money ...
The Consumer Financial Protection Bureau's decision to no longer pursue its enforcement action against the credit reporting ...
The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.
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