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On Nov. 8, Comerica Bank filed a lawsuit against the CFPB's regulatory overreach and handling of the case, "which undermined the legitimacy of its own investigation," said Louis Mora, Comerica's ...
The Direct Express program has operated since 2008 under a U.S. Treasury contract with Comerica and provides prepaid debit cards to recipients of federal benefits, according to the CFPB.
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program By Kristian Burt,CNBC • Published December 6, 2024 • Updated on December 6, 2024 at 11:55 am BOOKMARKER ...
WASHINGTON — The Consumer Financial Protection Bureau has sued Comerica Bank for failing people receiving federal benefits through the Direct Express program, the bureau said Friday. The bureau ...
“The CFPB is suing Comerica Bank for illegally harming disabled and older Americans who count on Social Security and other federal benefits,” CFPB Director Rohit Chopra said in a statement Friday.
Comerica Bank has filed a lawsuit against the Consumer Financial Protection Bureau, asserting the bureau’s investigation of the bank’s handling of the Direct Express prepaid card program is ...
The Consumer Financial Protection Bureau said it was suing Comerica for failing 3.4 million "Direct Express" card holders -- who the agency said were primarily unbanked people receiving federal ...
The Consumer Financial Protection Bureau filed a complaint against Comerica Bank, accusing it of failing to administer a federal benefits program that uses prepaid debit cards. The lawsuit claims ...