Reported about 16 hours ago
The Consumer Financial Protection Bureau (CFPB) has unexpectedly dismissed five lawsuits against major corporations, including Capital One, as political and legal challenges threaten the agency's existence. This decision marks a significant change for the CFPB, as it had previously only dismissed one case without securing consumer relief. The agency's actions come amidst a backdrop of efforts by the Trump administration to reduce its power, with concerns that many more cases could be dismissed in the near future.
Source: YAHOO