The U.S. Consumer Financial Protection Bureau (CFPB) has requested a federal court to pause its ongoing enforcement action against Comerica Bank. The move comes as the agency, which was largely scaled back under the Trump administration, seeks time to review the case under new leadership.
In December, during the final days of the Biden administration, the CFPB accused Comerica of “systematically” failing to assist millions of disabled and elderly people who rely on federal benefits. However, last week, the CFPB dismissed five other enforcement actions, including one against Capital One, marking an unprecedented move for the agency.
CFPB Chief Legal Officer Mark Paoletta, in court documents, emphasized the need for a stay to give the new agency leadership time to assess the case. Paoletta acknowledged Comerica’s motion to dismiss filed in January, noting that the matter is still under review.
Additionally, Comerica filed a lawsuit against the CFPB in November, arguing that the agency had overstepped its regulatory authority. The case, pending in Texas federal court, adds further complexity to the ongoing legal proceedings.
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