Trump Wants to Shut Down the CFPB: Why Retirees Should Care
The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
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 ...
Trump has subdued the Consumer Financial Protection Bureau. So what does this agency do?
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
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 ...
The Republic4d
Trump shuts Consumer Financial Protection Bureau headquarters, halts agency’s activity
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ...
Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
WUFT4d
Two top CFPB officials resign after being ordered to stop all work
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...