It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...
The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
The Consumer Financial Protection Bureau has been kneecapped in the latest attack on a government institution by the Trump ...
In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
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 ...
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new ...
The CFPB’s 2022 order also included San Francisco-based Wells Fargo paying $3.7 billion in restitution and fines. “While the duration of an individual CFPB order elapsed, the agency’s Repeat ...
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