Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank

Group 1 - The Consumer Financial Protection Bureau (CFPB) has requested a federal judge to pause its enforcement action against Comerica Bank, indicating a review of the matter by new CFPB leadership [1][2] - The enforcement action against Comerica Bank alleges systematic failures in servicing federal benefit recipients through the Direct Express program, which has been managed by Comerica since 2008 for approximately 3.4 million beneficiaries [3][4] - Allegations against Comerica Bank include disconnecting customer service calls, charging illegal ATM fees, misleading fraud victims, imposing illegal terms of service, failing to investigate account issues, and forcing account closures to stop preauthorized payments [4][5] Group 2 - Comerica Bank has publicly stated its intention to defend its record as the financial agent for the Direct Express program and has filed a lawsuit against the CFPB, challenging the agency's regulatory actions [5] - The CFPB has recently dropped five enforcement actions, including one against Capital One, amid claims of the agency being politicized under the Trump administration [2][6] - The new CFPB leadership, represented by Jonathan McKernan, has acknowledged that the agency has acted in a manner that has hindered its mission [6]