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

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

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 ...

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 ...

Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau after being selected as the acting director of the agency by President ...

In a complaint filed in the Alexandria, Virginia federal court, the CFPB said Capital One promised depositors that their 360 ...

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

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The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their ...

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 ...