The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and ...
The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how ...
The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment ...
Efforts to gut the bureau still appear on, evidence may indicate. A defense attorney, meanwhile, tried to highlight the ...
The agency protects consumers from being cheated by financial entities. Ever since the Consumer Financial Protection Bureau ...
When a federal agency expressly named to protect the finances of consumers is shut down, even if temporarily, it’s natural to ...
The bureau also levied $5 billion in civil monetary penalties. In recent years, the CFPB has ordered: Wells Fargo to pay $3.7 billion for “widespread mismanagement” of auto loans, mortgages ...
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...