consumer financial protection bureau wells fargo

Wells Fargo, consent orders and Federal Reserve

Wells Fargo gains termination of two more Federal Reserve consent orders

Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 trillion total asset cap established in February 2018

American Banker · 10h

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 terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.

bankingdive · 10d

Fed terminates 2 Wells Fargo consent orders

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and five remain, the bank said.

Seeking Alpha on MSN · 1d

Wells Fargo confirms termination of 2018 OCC consent order

Wells Fargo (NYSE:WFC) confirmed on Thursday that the Office of the Comptroller of the Currency ended its 2018 consent order relating to the company's compliance risk management program. It's the 10th consent order closed by the bank's regulators since 2019.

Wells Fargo CFO says five consent orders are remaining

A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...

2don MSN

From credit cards to medical debt: What may happen to some key consumer protection rules under Trump

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...

The Republic3d

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 ...

2don MSN

Democrats vow to fight shutdown of consumer watchdog agency

A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...

10don MSN

Two more Wells Fargo federal consent orders terminated. But growth cap remains for now

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 ...

12h

US consumer watchdog broadens layoffs beyond probationary staff, sources say

A new category of employees at the U.S. Consumer Financial Protection Bureau received termination notices on Thursday, ...

2don MSN

How America's chief consumer-protection agency came into the Trump administration's crosshairs

When the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the ...

NBC Montana1d

'Monumental mistake': Missoula financial adviser warns against CFPB halt

The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...

1don MSN

Elizabeth Warren has grave concerns about Elon Musk gutting her consumer watchdog

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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