News

President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion ...
Trump’s rollback of CFPB rules has added $18B in consumer costs, with case dismissals and fee cap removals affecting millions ...
Wells Fargo had also unfairly charged customers overdraft fees when sufficient funds were available, the CFPB said as part of its order in 2022. Wells Fargo said that the closed 2022 order marked ...
“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 ...
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 Nears Full Regulatory Relief as CFPB Lifts Consent Order By Niket Nishant (Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding ...
Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ...
Wells Fargo earns high marks in this category. However, note that the bank has been penalized by government regulators multiple times, including nearly $4 billion in fines levied by the CFPB in ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...
San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion.