Why Trump and Musk are shutting down the CFPB
The Trump administration's work to shut down the Consumer Financial Protection Bureau could hit American consumers in the ...
HousingWire3d
Legal experts weigh in on the CFPB and the future of regulation
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory ...
Why would DOGE kill the CFPB?
It seems like a dumb idea to shut down the US’s Consumer Financial Protection Bureau.
Compliance Week12d
CFPB issues $2.5M penalty against Wise in last action of Chopra era
A fine by the Consumer Financial Protection Bureau (CFPB) against the U.S arm of London-based foreign exchange company Wise ...
Yahoo Finance10d
CFPB fines Wise $2.5M over remittance violations
The company must pay $450,000 in redress to harmed customers and $2.025 million as a civil money penalty, according to the CFPB order. In February 2022, after a routine compliance examination by the ...
HousingWire2d
CFPB supervision of IMBs requires serious reform, CHLA says
The trade group sent a letter to CFPB acting director Russell Vought with four recommendations to streamline oversight of IMBs.
JD Supra9d
CFPB, OCC update their maximum civil money penalties
Recently, the CFPB and the OCC announced changes to their maximum civil money penalties published in the Federal Register to adjust for inflation ...
American Banker1d
Wells Fargo sheds fourth consent order in a month
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...