Capital One, Consumer Financial Protection Bureau
The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.
President Trump’s nominee to lead the Consumer Financial Protection Bureau said he still planned to fulfill the agency’s mandate.
2don MSN
It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.
The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal judge in Maryland over whether statements from acting Director Russell Vought threatening to zero out the agency’s funding amounted to an unlawful and final agency action.
The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer
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