CFPB Puts Comerica Case on Hold Amid Leadership Shift

The Consumer Financial Protection Bureau (CFPB) has moved to pause its enforcement case against Comerica Bank, a significant turn in a dispute over the bank’s handling of federal benefits for millions of disabled and elderly Americans.

Court filings from Monday reveal that the CFPB requested a stay on the case, citing the need for its new leadership to reassess the matter. The agency had previously accused Comerica of widespread failures in disbursing federal payments, a case brought forward in the final weeks of the Biden administration.

This move follows the CFPB’s recent decision to drop five other enforcement actions, including one against Capital One, marking an unusual wave of case dismissals. Comerica had already filed a motion to dismiss the lawsuit, and last November, the bank sued the CFPB in Texas, arguing the agency had exceeded its authority. That separate legal battle remains unresolved.

A CFPB legal official stated that the pause allows time for leadership to determine the agency’s next steps. Neither the CFPB nor Comerica provided immediate comments on the development.

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