(Reuters) – The embattled U.S. Consumer Financial Protection Bureau on Monday asked a federal court to issue a stay in its enforcement action against Comerica Bank, court papers showed. In the final days of former President Joe Biden’s administration, the agency in December had accused the lender of “systematically” failing disabled and older borrowers receiving […]
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US CFPB asks to pause Comerica enforcement action
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(Reuters) – The embattled U.S. Consumer Financial Protection Bureau on Monday asked a federal court to issue a stay in its enforcement action against Comerica Bank, court papers showed.
In the final days of former President Joe Biden’s administration, the agency in December had accused the lender of “systematically” failing disabled and older borrowers receiving federal benefits.
(Reporting by Douglas Gillison)