Trump admin drops 5 consumer watchdog cases, including Capital One
Consumer Watchdog Moves to Drop Capital One Lawsuit
Consumer bureau drops lawsuit against Capital One
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month
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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. Last month, the Consumer Financial Protection Bureau (CFPB) accused Capital One of misleading customers about interest rates on its “360 Savings Account.
Consumer Watchdog Drops Legal Actions Against Firms Accused Of Financial Crimes, Including Capital One
The move came as Jonathan McKernan, nominated to head the CFPB, testified before the Senate during his confirmation hearing.