US Court Rejects CFPB Request to Pause Legal Battle with Comerica Bank
A federal judge in the United States has recently ruled against the Consumer Financial Protection Bureau’s (CFPB) request to temporarily pause its lawsuit against Comerica Bank. The CFPB, a government agency tasked with consumer protection in the financial sector, had launched a legal challenge against the bank concerning its practices related to handling prepaid cards. The denial of the motion to stay by the judge implies that the lawsuit will proceed without delay. Prior to this development, the CFPB had intended to halt the lawsuit temporarily, possibly to fine-tune its arguments or await the outcomes … Read more