In Law360 Dustin McDaniel and Grace Garver discuss how state attorneys general are ramping up enforcement as the Trump administration pulls back the power of the CFPB.

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New York AG Letitia James sued Capital One N.A. and Capital One Financial Corporation (collectively, “Capital One”) over alleged violations of state and federal consumer protection laws stemming from the marketing of their savings accounts. The lawsuit comes after the CFPB voluntarily dropped a lawsuit against Capital One containing similar allegations. According to the complaint,…

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Oregon AG Dan Rayfield has filed a lawsuit against cryptocurrency trading platform Coinbase, alleging that the company failed to protect consumers from unregistered and high-risk cryptocurrencies in violation of Oregon Securities Law. The complaint claims that Coinbase operates an exchange that facilitates and promotes the sale of unregistered securities to consumers, which the AG alleges hinders…

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A group of 23 Democratic AGs and Hawaii’s Office of Consumer Protection sent a letter to U.S. House of Representatives leaders urging them to vote against House Joint Resolution 59, which would overturn the CFPB’s 2024 Rule limiting overdraft fees by large financial institutions. In their letter, the AGs argue that the purported bases for…

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Between April 7 and 9, 2025, the National Association of Attorneys General held its annual Attorney General Symposium in Nashville, Tennessee. State AGs, attorney general staff, and private sector attendees heard from leaders and private sector partners regarding enforcement priorities and opportunities for partnership.

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