Recently, the CFPB terminated four consent orders against two banks each after finding the banks fulfilled their obligations. The CFPB also terminated one consent order against a lender. On September ...

Wells Fargo has been released from another consent order, marking the fourth regulatory action the bank has shaken off in the last month. Processing Content The Office of the Comptroller of the ...

On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a national mortgage servicer. Both orders stemmed from 2024 enforcement actions ...

Russell Vought, director of the Office of Management and Budget and acting director of the Consumer Financial Protection Bureau. Russell Vought, the acting director of the Consumer Financial ...

Gemini's founders, Tyler and Cameron Winklevoss, were donors to the 2024 election campaign of President Donald Trump.

In the intricate landscape of banking, adherence to regulatory standards is critical. Consent orders—legally binding agreements between financial institutions and regulators—often mandate sweeping ...

Citigroup (C) executives are gaining confidence that they'll complete compliance work on regulatory demands issued more than five years ago, according to a media report on Friday. Citi (C) stock rose ...