Walmart, JPMorgan and Wells Fargo declined to comment. Bank of America did not immediately respond to a request for comment.
It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...
It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...
The Consumer Financial Protection Bureau has been kneecapped in the latest attack on a government institution by the Trump ...
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Axios on MSNWhat's at stake in DOGE's CFPB shutdownThe DOGE effort to effectively shut down the Consumer Financial Protection Bureau gets conservatives as close they've ever been to achieving a long-held goal — and consumer advocates are horrified.
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...
Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...
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 ...
and Wells Fargo, among others, alleging that they cheated, deceived, or failed to protect American consumers. The CFPB has vigorously pursued a mission to return billions of dollars to consumers ...
The CFPB said the company promised consumers that ... Other big banks, such as Wells Fargo, Citi, and JPMorgan, have posted similarly large gains for the week after reporting strong earnings.
The U.S. Securities and Exchange Commission smacked Wells Fargo and Bank of America with a combined $60 million in penalties for allegedly mismanaging the cash sweeps of their clients. Cash sweeps ...
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