Treasury Secretary Scott Bessent has begun freezing work at the Consumer Financial Protection Bureau after its director was ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of ...

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

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 Consumer Financial Protection Bureau has labeled Wells Fargo as a repeat offender due to persisting issues. The agency's Repeat Offender Unit remains vigilant in monitoring the bank's actions, ...

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...