SAN FRANCISCO, April 28, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated. This is the twelfth consent order closed ...

New York Attorney General Letitia James has sued payday lenders MoneyLion Inc. and DailyPay Inc. in New York state court, alleging that the two companies took advantage of tens of thousands of New Yorkers. Both companies make paycheck advance loans ...

A congressional watchdog group is investigating President Trump’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB) after some Senate Democrats requested the agency examine the ongoing actions and attempts to remove nearly all its staff. The Government Accountability Office ...

On April 11, the CFPB filed a joint motion in the U.S. District Court for the District of Columbia indicating its intent to revoke an advisory opinion on medical debt collection. The Bureau requested a stay of litigation while it moves to formally withdraw the ...

An appeals court ruled Monday (April 28) afternoon in a 2-to-1 decision that the Consumer Financial Protection Bureau(CFPB) cannot proceed with its mass layoffs until a court battle over the agency’s downsizing is completed. Judges Cornelia Pillard and Gregory Katsas ...

So far this legislative session, California Democrats in the state Senate have teased a package of bills that will supposedly cut down the expensive cost of living in the Golden State — the tip of the spear in their post-election ...

Credit card swipe fees are being debated by the Colorado legislature. The Senate sponsors of a bill that sought to rein in "swipe fees" imposed by credit card companies on taxes and tips are postponing the measure until next session ...

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok. What Happened: In a report titled “How are U.S. consumers and ...

On April 3, the CFPB informed a Florida federal district court that it plans to initiate new rulemaking to revise its small business lending data collection rule under Section 1071 of the Dodd-Frank Act. The Bureau agreed to stay the rule’s compliance deadlines in response ...