Roll Call, Inc via . The Consumer Financial Protection Bureau, a watchdog agency Republicans have tried to dismantle or ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
Wells Fargo has seen numerous regulators move to lift enforcement actions in recent months. Last month, the Consumer ...
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau ...
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of ...