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

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

In December 2022, the CFPB ordered Wells Fargo to pay $1.7 billion in fines and more than $2 billion in redress and compensation to customers. The redress was broken down into three categories ...

Congress created the CFPB in 2010 after the global financial ... These included a $3.7 billion settlement with Wells Fargo (WFC.N), opens new tab, over abusive consumer practices, the agency's ...

Bessent has instructed CFPB staff to halt some activities ... Bank of America, JPMorgan, Wells Fargo & Co. and Citigroup Inc. Each of those banks handles millions of customer accounts.

The CFPB is the primary federal supervisory regulator ... These included a $3.7 billion settlement with Wells Fargo, over abusive consumer practices, the agency's largest-ever enforcement action ...

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

Wells Fargo employees on a team that voted to unionize have hit another bump in their organizing efforts. The employees, whose 21-16 vote to form a union was certified in December, have filed an ...

Jeffrey Schub steps in as Wells Fargo's new Head of Sustainability, promising advances in the bank's green initiatives ...