Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau ...
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CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 ...
JD Supra11d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Elizabeth Warren’s ‘consumer watchdog’ hounded legit businesses — time to shut it down
Under Barack Obama and Joe Biden, the CFPB was closer to a progressive vigilante shakedown shop than a government regulator.
What's In Your Wallet? Suit Alleges It May Be Less Than Capital One Suggested
If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit ...
Truthout2d
Trump Fires Consumer Financial Protection Bureau Head Who Drew Wall Street’s Ire
Rohit Chopra returned over $6 billion into the pockets of everyday people during his tenure as head of the CFPB.
Trump fires head of the Consumer Financial Protection Bureau
New York (CNN) — President Donald Trump has fired Rohit Chopra, the director of the Consumer Financial Protection Bureau.
Trump fires director of Consumer Financial Protection Bureau
The bureau was created after the 2008 financial crisis to regulate mortgages, car loans and other big ticket items.