★ Government Action
Trump's CFPB drops four more enforcement lawsuits in same-day sweep
Donors, Cases DroppedThe Bank Watchdog Stands Down
Filed February 2025
★ The Brief
What happened
Acting Director Russell Vought dismissed cases against Rocket Homes, the Pennsylvania Higher Education Assistance Agency, Vanderbilt Mortgage and Finance, and Heights Finance Holding Company, all initiated during the Biden administration.
Who enabled it
On the same day it dismissed the Capital One case, the CFPB under acting director Russell Vought also dropped active enforcement cases against Rocket Homes, Pennsylvania Higher Education Assistance Agency (PHEAA), Vanderbilt Mortgage and Finance, and Heights Finance Holding Company. These cases had all been initiated during the Biden administration as part of the agency's aggressive enforcement posture against financial institutions. No dollar amounts for these individual cases were specified in the article.
Further reading
- ★ Government ActionFebruary 2025CFPB drops enforcement case against TransUnion and John Danaher
- ★ Government ActionFebruary 2025Trump's CFPB drops Capital One consumer-protection lawsuit
- ★ Government ActionJune 2026Trump DOJ drops Abbott baby-formula criminal probe for civil deal
- ★ Government ActionJune 2026Trump's DOJ closes Paramount-Warner probe before staff could object
- ★ Government ActionMay 2026Trump's DOJ drops the FIFA bribery case, calls bribery no priority
- ★ Government ActionDecember 2025Trump's Justice Department drops kratom case against Botanic Tonics