Capital One to Pay $425 Million to Settle Suit Over Savings Accounts
Posted inBanking and Financial Institutions Capital One Financial Corporation Compensation for Damages (Law) Consumer Financial Protection Bureau Decisions and Verdicts Ethics and Official Misconduct Interest Rates Suits and Litigation (Civil) United States Politics and Government

Capital One to Pay $425 Million to Settle Suit Over Savings Accounts

Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no wrongdoing and agreed to make up for lost interest earnings.
New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff
Posted inConsumer Financial Protection Bureau Decisions and Verdicts Government Efficiency Department (US) Government Employees Jackson, Amy Berman Layoffs and Job Reductions Musk, Elon Suits and Litigation (Civil) United States Politics and Government Vought, Russell T Washington (DC) Workplace Environment

New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff

Emails and testimonials from workers at the Consumer Financial Protection Bureau document the administration’s efforts to lay off 90 percent of the employees.