The order involved a $500 million civil penalty against the lender and required Wells Fargo to make restitution to affected ...

Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...

The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...

Under grilling from Senate Democrats, Consumer Financial Protection Bureau Director-designate Jonathan McKernan agreed to ...

The new leadership at the Consumer Financial Protection Bureau plans to fire nearly all of its 1,700 employees while “winding down” the agency, ...

Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...

Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s push to dismantle the Consumer Financial Protection Bureau (CFPB), The ...

Wells Fargo & Company’s WFC 2018 consent order ... In January 2024, the bank was freed from a 2022 consent order with the CFPB.

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.

JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...