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(Reuters) -President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at ...
Cutting regulations on bank fees, lenders, and the failure to disburse funds for harmed borrowers had run counter to Trump's campaign pledges.
President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion ...
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 million customers.
Trump’s rollback of CFPB rules has added $18B in consumer costs, with case dismissals and fee cap removals affecting millions ...
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 Consumer Financial Protection Bureau cut short a five-year agreement with Bank of America Corp. over the bank’s alleged submission of false mortgage data as the significantly curtailed government ...
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 million customers ...
The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that was established in 2018 in response to the bank’s fraudulent ...
Rohit Chopra, who was fired by Trump in February, warns the U.S. is easing up on financial-sector enforcement measures ...
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