The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...

Just as Elon Musk’s X pushes into financial services, the agency responsible for protecting citizens from such companies is ...

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest 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.

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 ...

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

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 ...

In July, for example, the CFPB alleges, the Performance Savings rate was more than 14 times that of the original 360 Savings accounts. But Capital One kept existing customers in the original ...

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

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

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 ...

(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 ...