The Institutional Limited Partners Association (ILPA) recently released its updated ILPA reporting template (Reporting Template) and a new ...
Lawyers representing the acting director of the CFPB reached an agreement during a court conference Friday to temporarily hold off on firing CFPB employees en masse.
Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time. "I ...
The missive appeared to herald a stark shift to come at the CFPB, which Congress formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial ...
The arrest report states that he refused to participate in standardized field sobriety tests, declined to sign documents for a chemical blood test, and would not voluntarily submit a blood sample.
In an email, Bessent instructed the CFPB staff to stop working on enforcement actions and to suspend the effective dates for rules not yet in effect. That follows the ouster of Biden appointee ...
Treasury Secretary Scott Bessent is now the acting head of the U.S. Consumer Financial Protection Bureau, according to a person familiar with the matter, signaling a potential shift away from the ...
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...
In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...
Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage ...