The Consumer Financial Protection Bureau (CFPB) has initiated legal action against Comerica Bank for breaches while offering federal benefits programme through Direct Express prepaid debit cards.

Enforcement has all but ceased at the bureau as well, as the CFPB dismisses cases against Reliant Holdings, Comerica Bank and others. On Friday, a federal appeals court will hear arguments in the ...

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various guidance, interpretive rules, policy statements, and advisory opinions issued since the CFPB ...

New York State's attorney general sued Capital One Financial (NYSE:COF) and its bank subsidiary ... In January, when the CFPB filed the lawsuit, a company spokesperson said it strongly disagreed ...

The bank also disputed the CFPB allegations earlier this year. The New York suit accuses Capital One of violating state and federal law and seeks "restitution and damages for all affected Capital ...