Consumer Watchdog Suspends Lawsuits Against Companies Accused of Consumer Fraud

Reported 1 day ago

The Consumer Financial Protection Bureau (CFPB) has unexpectedly dropped lawsuits against several firms, including Capital One and Rocket Homes, previously accused of consumer exploitation. This decision reflects a shift in regulatory approach under the Trump administration, where officials have sidelined the CFPB's operations. Critics argue that this move allows companies to escape accountability for past wrongdoings, leading to concerns about consumer protection in financial services.

Source: YAHOO

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