The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
The CFPB dropped its consumer protection lawsuit against Comerica Bank on Friday, according to court records. The move follows a similar dismissal of a case against Early Warning Services, parent of Zelle, and banks it had worked with. The CFPB has also dismissed cases against Capital One and several other fintech providers since Trump took office, according to Banking Dive.
