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.

Concern is mounting as a federal agency dedicated to protecting consumers remains shut down. The abrupt week-long closure comes after the acting director appointed by President Donald Trump ordered ...

Municipals were cut up to four basis points, depending on the scale, while UST yields rose up to four basis points out long.

The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...

The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...

Workers at the U.S. Consumer Finance Protection Bureau ... company said on Thursday. Wells Fargo's co-CEO of investment banking Jon Weiss to step down Brighthouse Financial is exploring options ...

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

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

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 ...

NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...