Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.

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

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 ...

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.

President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ...

The Biden-era appointee’s term was marked by billions of dollars in fines and consumer compensation collectively against ...