What’s at stake if Consumer Financial Protection Bureau goes dark
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the consumer finance watchdog it was designed to be.
New York joins lawsuit to block Consumer Financial Protection Bureau shutdown
New York, 21 other states, and Washington D.C. joined a lawsuit to keep the CFPB running, warning the shutdown exposes regular people to predatory loans, discriminatory fees, and unfair foreclosures.
Trump shuts Consumer Financial Protection Bureau headquarters, halts agency’s activity
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff,
California files lawsuit over shutdown of US Consumer Financial Protection Bureau
California Attorney General Rob Bonta and others filed a court brief against the Trump administration for attempting to dismantle a consumer bureau.
AG Ford joins 23 states to oppose Consumer Protection Bureau dismantling
Attorney General Aaron D. Ford has joined a coalition of 23 attorneys general to oppose efforts by the Trump administration and Elon Musk to dismantle the Consu
22 states, D.C. file brief to prevent closure of Consumer Financial Protection Bureau
Attorneys general from California and 21 other states, plus the District of Columbia, have filed a court brief seeking to prevent the dismantling of the federal Consumer Financial Protection Bureau. The amicus brief,
Attorney General Neronha joins states to defend Consumer Financial Protection Bureau
Attorney General Peter Neronha says he is joining a coalition of 23 other AGs to warn against the current administration’s effort to disband the CFPB.
Wells Fargo clears 10th consent order; 4 remain
The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...
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JPMorgan Chase Launching New Zelle Restrictions After Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 To Scams in One Year
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
Wells Fargo CFO says five consent orders are remaining
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
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From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...
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Wells Fargo Is A Buy On This Fed Catalyst: Analyst
Wells Fargo may see a big acceleration in growth once the Federal Reserve removes the growth shackles it put on in 2018.
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States warn CFPB shutdown threatens financial consumer safeguards
Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...
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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 ...
Here's how the consumer protection agency targeted by Trump has helped Illinois consumers
The Consumer Financial Protection Bureau was created by Congress to be a watchdog over the financial industry. Now it’s been ...