A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...

A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...

President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ...

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...

Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of its ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of ...