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 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 release.

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.

In November, Treasury named Bank of New York Mellon to take over the contract operating the Direct Express debit card program.. Earlier that month, Comerica sued the CFPB, saying the bureau's ...

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 ...

Comerica Bank is suing the Consumer Financial Protection Bureau, alleging that a bureau investigation into the Dallas-based company's administration of a federal prepaid card program is unlawful. In a ...

“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 ...

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 ...

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 Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud victims, and ...