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CFPB Drops Lawsuits Against Capital One and Others
Cheddar News
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10 months ago
The U.S. Consumer Financial Protection Bureau on Thursday dropped 5 enforcement actions against financial services companies accused of wrongdoing.
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The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions
00:06
against financial services companies accused of wrongdoing under the prior administration,
00:12
including one major case against Capital One. The unprecedented mass dismissals
00:18
eviscerated much of the watchdog agency's remaining stable of legal actions
00:22
against financial services companies investigated for abusive and predatory practices.
00:28
President Trump is moving rapidly to dismantle the CFPB, which he has said should be eliminated.
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