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The Paoletta memo of the CFPB's new priorities stated that going after consumer abuses in the mortgage industry would be a top priority. Yet Vought, who had to sign off on all the lawsuits, dismissed ...
In January, when the CFPB filed the lawsuit, a company spokesperson said it strongly disagreed with the CFPB allegations, which were nearly identical with the New York state claims. The person ...
The complaint mimics litigation by the CFPB, which was dropped in February under Trump-era CFPB Acting Director Russell Vought. That suit alleged Capital One's marketing led U.S. customers to miss ...
New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of "cheating" customers out of millions of dollars in interest payments, just months after the Trump ...
The charges are similar to those level by the Consumer Financial Protection Bureau, only to be dismissed when the Trump Administration took over the CFPB and abandoned a number of pending cases.
The CFPB sued Capital One in January over the same savings accounts, alleging the bank “cheat[ed] millions of consumers out of more than $2 billion in interest.” But the Trump administration ...