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CFPB Drops Lawsuit Against Capital 1 Over Savings Rates

Hosted on MSN · 20h

The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more

The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket Homes, just weeks under new leadership and turmoil at the agency caused by orders from Trump administration.

The Washington Post on MSN · 19h

CFPB drops Capital One lawsuit and other cases launched under Biden

The consumer watchdog has dropped one of its last cases launched before the current Trump administration, which has been accused of trying to defang the agency.

bankingdive · 1m

CFPB ditches lawsuit against Capital One

The bureau reversed course Thursday after accusing the bank last month of obscuring a higher-paying savings product from some legacy savings account holders.

4hon MSN

Consumers need the CFPB. Remember the Great Recession?

The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.

Trump’s CFPB Drops Cases Against Companies Accused of Cheating Consumers

The companies are accused of ripping off savings account holders, illegally collecting on student loans, and more.

Consumer Headlines: Capitol One lawsuit, Forever 21 store closures, and tap water quality

Capital One customers hoping for restitution following allegations of interest payment discrepancies may be disappointed.

19hon MSN

Democratic senator presses Trump CFPB nominee: ‘Who’s really going to be in charge?’

Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who ...

22h

CFPB move positive for Capital One, Discover deal, says Keefe Bruyette

Keefe Bruyette analyst Sanjay Sakhrani says the Consumer Financial Protection Bureau dropped its enforcement action against Capital One (COF) ...

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