Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau ...

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 ...

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.

Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...

President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

Neither Capital One nor Discover are in financial distress leading up to the shareholder vote. Capital One topped earnings ...

The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...

Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out ...

If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit ...