Rohit Chopra, head of the top watchdog agency for consumer finance, submitted his resignation early Saturday after President Donald Trump fired him overnight, according a resignation letter he posted ...
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
A trio of high-profile lawsuits issued at the tail end of the Biden administration indicate that the agency cares more about pursuing a political agenda than it does about helping American consumers.
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
The U.S. Securities and Exchange Commission smacked Wells Fargo and Bank of America with a combined $60 million in penalties for allegedly mismanaging the cash sweeps of their clients. Cash sweeps ...
"The CFPB has made a few last-minute moves to aid ... against banking giants JPMorgan Chase, Bank of America and Wells Fargo tied to payments platform Zelle. Block's gross profit rose 19% to ...
The ongoing fake account practices at Wells Fargo were discovered by the CFPB. More recently, it fined Navy Federal Credit Union for charging customers overdraft fees even when customer accounts ...