Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank
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The Consumer Financial Protection Bureau (CFPB) has requested a federal judge to pause the enforcement action it filed against Comerica Bank in December. This pause is intended to give the CFPB time to review the lawsuit.
March 04, 2025 | 1:45 am
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The CFPB has requested a pause on its enforcement action against Comerica Bank, which may temporarily alleviate legal pressures on the bank.
The CFPB's request to pause the enforcement action suggests a temporary reprieve for Comerica Bank from legal proceedings. This could be seen as a neutral development in the short term as it does not resolve the underlying issues but delays potential negative impacts.
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