News

Capital One CEO says US consumers are in 'good shape,' but there are 'worrying signs'
Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the ...
CFPB Drops Biden-Era Case Against Credit Card Company Over Fees
The Consumer Financial Protection Bureau voluntarily dropped a case against a Pennsylvania-based credit card company that ...
R Street Institute4hOpinion
Congressional Republicans have set their sights on financial deregulation
The House Financial Services Committee recently sent a series of letters to key financial regulatory agencies outlining ways ...
American Banker9hOpinion
Banks should defend the CFPB out of self-interest
A robust consumer protection regime ensures that consumers will rely on the stability and reliability of traditional banks by ...
With tariffs looming, Capital One's CEO says 'the US consumer is in good shape' — for now
Purchase volume on Capital One's credit cards rose 5% to $157.9 billion in the first quarter.
Capital One says consumers are doing OK. Here's where they may be trying to beat tariffs.
The company reported the results after regulators approved its merger with Discover Financial Services (DFS) last week. In February, the Consumer Financial Protection Bureau also dropped a lawsuit ...