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 ...

CFPB sues Comerica Bank over allegations of failing disabled and older Americans. By Reuters. December 6, 2024 6:41 PM UTC Updated December 6, 2024 Signage is seen at the ...

The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits. “The CFPB is suing Comerica Bank for ...

Comerica in a statement said that the bank "has worked hard to serve these important cardholders and to address any issues in this complex program." "Throughout the CFPB's investigation, we have ...

Comerica had previously disclosed that it was being investigated by the CFPB. But the lawsuit appears to be the first time the company has said the investigation involves Direct Express. The bank ...

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 8:55 am BOOKMARKER ...

“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 ...

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.

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 ...