CFPB’s Tactics in Fifth Third Lawsuit Called ‘Pretty Aggressive’
American Banker, June 14, 2022–Kate Berry (subscription)
The Consumer Financial Protection Bureau sent a mass email to thousands of the bank’s customers and former employees to gather information about the possible creation of phony accounts. Critics — including a federal judge — say the CFPB asked leading questions and may have overstepped its bounds.
https://www.americanbanker.com/news/cfpbs-tactics-in-fifth-third-lawsuit-called-pretty-aggressive