The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
Also that year, 11 former Wells Fargo senior executives were charged by the comptroller’s office. Eight settled paying over $43 million in civil penalties, including former CEO John Stumpf who was ...
Rather than support financial firms through enforcement resources, the CFPB under Chopra chose to demonize American banks and technology companies as responsible for the mistakes of consumers.
The Consumer Financial Protection Bureau has been kneecapped in the latest attack on a government institution by the Trump ...
Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new ...
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.