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@ Layer3.news
2025-03-01 01:41:47
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THE CFPB DROPS ITS ENFORCEMENT LAWSUITS AGAINST CAPITAL ONE, ROCKET HOMES AND MORE
https://s.yimg.com/ny/api/res/1.2/ncCuikGGXui9XuOG80FLyA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03MDg-/https://media.zenfs.com/en/ap_finance_articles_694/73fdd8659ade375670f98e8aac3d08b1
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✍️ The Consumer Finance Protection Bureau (CFPB) has dropped several enforcement actions against companies like Capital One and Rocket Homes, just weeks under new leadership and turmoil at the agency caused by orders from the Trump administration.
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👉 CFPB dropped lawsuits against Capital One, Rocket Homes, Vanderbilt Mortgage and Finance, and others
👉 Lawsuits were filed under the agency's previous director, Rohit Chopra
👉 CFPB has plunged into turmoil since President Trump fired Chopra and ordered it to halt nearly all its work
👉 Agency is tasked with creating rules and taking enforcement actions to protect consumers
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#RohitChopra #DonaldTrump #JonathanMcKernan #politics
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