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Wells Fargo, consent order

Wells Fargo sheds fourth consent order in a month

The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.

Winston-Salem Journal · 1d

Wells Fargo gains termination of two more Federal Reserve consent orders

Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 trillion total asset cap established in February 2018

Seeking Alpha on MSN · 1d

Wells Fargo confirms termination of 2018 OCC consent order

Wells Fargo (NYSE:WFC) confirmed on Thursday that the Office of the Comptroller of the Currency ended its 2018 consent order relating to the company's compliance risk management program. It's the 10th consent order closed by the bank's regulators since 2019.

CFPB, Trump

Capital Public Radio · 4d

The Trump administration has stopped work at the CFPB. Here's what the agency does

It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's new head has closed its offices and told staff to stay home.

U.S. News & World Report · 3h

Trump Administration Agrees Not to Fire More CFPB Staff for Now, Court Order Says

President Donald Trump's administration has temporarily agreed not to fire any more staff at the U.S. Consumer Financial Protection Bureau, according to a court order issued on Friday, offering workers there an 11th-hour reprieve ahead of feared mass layoffs.

The Wall Street Journal on MSN · 2h

Federal Judge Orders a Halt to Trump Administration Cuts at CFPB

A federal judge on Friday ordered a temporary halt to the Trump administration’s attempts to slash jobs and dismantle the Consumer Financial Protection Bureau. The order, from a U.S. district judge in Washington,

17don MSN

Wells Fargo Says CFPB Financial Harm Consent Order Has Closed

Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.

2don MSN

Trump Wants to Shut Down the CFPB: Why Retirees Should Care

The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...

The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’

The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...

1don MSNOpinion

Trump’s choice to lead CFPB, McKernan, left FDIC Monday

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...

WGBH2d

Two top CFPB officials resign after being ordered to stop all work

The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...

NBC Montana1d

'Monumental mistake': Missoula financial adviser warns against CFPB halt

The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...

bankingdive11d

Chopra leaves CFPB in widely expected move

President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...

10don MSN

Two more Wells Fargo federal consent orders terminated. But growth cap remains for now

Also that year, 11 former Wells Fargo senior executives were charged by the comptroller’s office. Eight settled paying over $43 million in civil penalties, including former CEO John Stumpf who was ...

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