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 ...
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
ConsumerAffairs4h
Late rent payments suggest increased financial distress among consumers
The Consumer Financial Protection Bureau (CFPB) finds that renters are continuing to have a hard time paying their rent on ...
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CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 ...
ConsumerAffairs1h
The Trump administration could roll back key consumer protections; advocates are monitoring
While there have been some consumer wins during Biden’s tenure, there are some rules that are tied up in court. Advocates are ...
US consumer bureau fines Equifax $15 million over handling of consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million ...
JD Supra4h
CFPB Releases Guidance for States on Strengthening Consumer Protection Under New Administration
The Consumer Financial Protection Bureau (CFPB) issued guidance on the eve of the transition to a new administration that serves as a roadmap ...
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
Investing5h
Rental households face growing financial struggles, CFPB reports indicate
Investing.com -- Today, the Consumer Financial Protection Bureau (CFPB) published two reports examining national rental payment data from September 2021 to November 2024. The reports highlight a ...
Trump Should Remake The CFPB Into The Consumer Fraud Protection Bureau
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To be effective, it must innovate, not regulate.
CFPB Director Rohit Chopra on future of agency: The work of the bureau is extremely popular
Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss why he continues to be employed at ...