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

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

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

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

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

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

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.

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 ...

The Consumer Financial Protection Bureau (CFPB) has terminated its 2022 consent order against Wells Fargo related to automobile lending, consumer deposit accounts, and mortgage lending.