In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

The U.S. consumer financial watchdog that was created after the 2008 financial crisis appears to be easing pressure on financial firms, especially fintechs, as President Donald Trump implements his ...

The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders ...

Wells Fargo has reported a net income of $4.894bn for the first quarter (Q1) of 2025, marking a rise of approximately 5.93% ...

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.

Banks are celebrating the vote, but consumer advocates warn this could worsen the struggles facing low-income families.

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – greatly reduced them. Some Republicans, however, argued that eliminating the ...