The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been ...
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald ...
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the ...
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...
Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting overdraft fees.
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
Penalizing banks for creating fake accounts. Wells Fargo paid the CFPB a $100 million initial fine in 2016 for opening about 1.5 million deposit accounts without customers’ consent. These fake ...