The new leadership at the Consumer Financial Protection Bureau plans to fire nearly all of its 1,700 employees while “winding down” the agency, ...

Under grilling from Senate Democrats, Consumer Financial Protection Bureau Director-designate Jonathan McKernan agreed to ...

Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...

The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s ...

The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...

The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...

Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.

The CFPB has not posted a news release on the decision on the consent order. The bank said it is the seventh consent order closed by Wells Fargo’s regulators since 2019. However, according to ...