The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
Rather than support financial firms through enforcement resources, the CFPB under Chopra chose to demonize American banks and technology companies as responsible for the mistakes of consumers.
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Congress created the CFPB in 2010 after the global financial ... These included a $3.7 billion settlement with Wells Fargo (WFC.N), opens new tab, over abusive consumer practices, the agency's ...
The CFPB is the primary federal supervisory regulator ... These included a $3.7 billion settlement with Wells Fargo, over abusive consumer practices, the agency's largest-ever enforcement action ...
Bessent has instructed CFPB staff to halt some activities ... Bank of America, JPMorgan, Wells Fargo & Co. and Citigroup Inc. Each of those banks handles millions of customer accounts.
"CFPB RIP," Musk wrote on X on Friday. The Consumer Financial Protection Bureau, a federal agency designed to prevent another financial crisis and protect people from scams, has halted most of its ...