Capital One

CFPB Drops Major Lawsuits Against Capital One and Other Financial Firms

2025-02-27 00:00:00 +0000 UTC | Importance: 7/10

The Consumer Financial Protection Bureau (CFPB), under acting director Russell Vought, abruptly dropped five significant lawsuits, including a $2 billion case against Capital One. The dismissals, which came during Jonathan McKernan’s Senate confirmation hearing, represent an unprecedented …

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Capital One CFPB case dropped after $1 million inauguration donation

2025-02-15 00:00:00 +0000 UTC | Importance: 8/10

After Capitol One donated $1 million to President Trump’s inauguration fund, the Trump Administration ended a Consumer Financial Protection Bureau (CFPB) case against Capital One involving allegedly misleading consumers about interest payments.

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