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 ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff,
Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of ...
A new category of employees at the U.S. Consumer Financial Protection Bureau received termination notices on Thursday, ...
The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the case for launching a new regulator to protect consumers ...
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