The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...
Dozens of employees at the bureau were fired by email on Tuesday night amid a stop-work order and closure of the Consumer ...
The Trump and Musk administration hollowed out the Consumer Financial Protection Bureau, removing the watchdogs who were “protecting people's money.” ...
Should You Be Worried About the CFPB Halt? The Trump administration has effectively shut down the Consumer Financial Protection Bureau, an agency created after the 2008 financial crisis to protect ...
The U.S. Consumer Financial Protection Bureau was rapidly defanged over the weekend with all activities suspended, its ...
In a statement provided to TechCrunch, a Wise spokesperson said the CFPB had conducted between June 2020 and May 2021 a “routine examination of Wise US Inc. for compliance with various US laws ...
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Compliance management systems (CMSs) may help reduce the likelihood of noncompliance. In recent years, managers have begun using CMSs in an effort to address compliance issues in a variety of domains: ...
In 2022, the CFPB said it spotted violations across ... beneath a $1.95 trillion asset cap since 2018 due to risk management and compliance issues. Wells Fargo noted Tuesday that the 2022 order ...
The Consumer Financial Protection Bureau (CFPB) has published a report about financial outcomes for cash-out refinance mortgage borrowers. The report confirms that borrowers often use the money from a ...
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