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‘Federal law is not a suggestion’ CFPB warns as fintech to pay $4.55M
The agency has issued a stark warning to financial firms.
Consumer watchdog questions the tax benefits of $116B HSAs, industry hits back
CFPB report says fees offset gains, but the ABA says it's inaccurate.
CFPB slams BofA with quarter-billion-dollar settlement
The bureau will keep $90 million, with the rest going to consumers, Office of the Comptroller of the Currency.
Firms brace for SEC spotlight on electronic communications
Protecting investors from fraudulent, misleading or otherwise problematic electronic communications seems to be of the utmost importance to regulators.
Wells Fargo to pay $3.7 billion for mistreating customers
The bank's settlement with the Consumer Financial Protection Bureau deals with a variety of allegations and includes a $1.7 billion fine that's the biggest in CFPB history.
Wells Fargo faces demand for fine exceeding $1B from CFPB
The Consumer Financial Protection Bureau is pressuring the bank to pay the fine to settle a series of investigations into the bank's mistreatment of customers.
Wells Fargo risks regulatory action over pace of restitutions
Regulators are privately signaling that they're still not satisfied with the bank's progress in compensating victims and shoring up controls.
Consumer Financial Protection Bureau’s Cordray to step down
His departure gives Trump a chance to remake the agency.
