The Consumer Financial Protection Bureau has rehired more than 100 fire employees, but the union claims dozens of employees ...

Today’s podcast show features a discussion with Professor Gregory Klass of Georgetown University Law School about an article he co-authored ...

It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how ...

Wells Fargo & Company’s WFC 2021 consent order related to related to loss mitigation practices in its Home Lending business was terminated by the Office of the Comptroller of the Currency (“OCC”).

And Equifax was ordered to pay $15 million in civil penalties. Penalizing banks for creating fake accounts. Wells Fargo paid the CFPB a $100 million initial fine in 2016 for opening about 1.5 ...

The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

The bureau also levied $5 billion in civil monetary penalties. In recent years, the CFPB has ordered: Wells Fargo to pay $3.7 billion for “widespread mismanagement” of auto loans, mortgages ...

The National Treasury Employees Union—which represents a significant chunk of the CFPB’s workforce—along with the NAACP, the National Consumer Law Center, and other plaintiffs seeking to block the ...

Military retiree and annuitant pay day is always on the first business day of the month. If the first of the month is a Saturday, Sunday or holiday, retiree pay day will occur on the prior ...

The Republican-controlled Senate voted to repeal a rule that would subject digital payment apps to the same consumer protections as credit cards and bank accounts. After the Consumer Financial ...

In 2022, for instance, the bureau ordered Wells Fargo to pay $3.7 billion for mishandling a variety of customer accounts, including improperly denying thousands of requests for mortgage loan ...