The Consumer Financial Protection Bureau, under new leadership, has dismissed multiple lawsuits against Capital One, Berkshire Hathaway's unit, and Rocket Companies, signaling a significant shift in the agency's focus and operations.

The Consumer Financial Protection Bureau dropped its lawsuit against Capital One that accused the bank of cheating customers out of $2 billion in interest on savings accounts. The decision comes after changes in leadership at the bureau, which has halted many legal actions against various companies.

The Consumer Financial Protection Bureau dropped lawsuits against Capital One and other companies, signaling a significant shift in enforcement actions since the Biden administration, influenced by the acting director Scott Bessent.

The CFPB has dropped several major lawsuits, including against Capital One, marking a shift in its approach under new nominee Jonathan McKernan, which has sparked criticism from some lawmakers and consumer advocacy groups.