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 ...

The Consumer Financial Protection Bureau (CFPB) on Thursday dismissed its Biden-era lawsuit against Capital One that alleged ...

Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the ...

Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s ...

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

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...

The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...

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.

“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...