The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.
But instead, the CFPB alleges, Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created "360 ...
However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% in ...
(RTTNews) - The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, Capital One Financial Corp., alleging that the company ...
Just as Elon Musk’s X pushes into financial services, the agency responsible for protecting citizens from such companies is ...
According to the CFPB, Capital One deliberately kept existing 360 Savings customers unaware of the new, higher-yielding account to maintain a “two-tier” system, leaving millions of account ...
The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...
Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
Vought was an architect of Project 2025. He takes over at the consumer finance watchdog as Elon Musk's representatives gained access to the bureau's systems and accounts, including sensitive data.