The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.

WASHINGTON — U.S. Rep. Maxine Waters has stepped up her criticism of President Donald Trump for ordering a freeze on all ...

The Massachusetts senator urged President Trump to work with regulators to stop what she called unjustified closing of bank ...

The Federal Deposit Insurance Corporation (FDIC) released today 175 more documents that expose how banks attempting to explore crypto were blocked, delayed, ...

Sen. Elizabeth Warren (D-Mass.) seems to have found common ground with President Trump and Republican lawmakers over ...

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.

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

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our ...

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