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The S&P 500 was 0.3% higher in its first trading after completing a stunning rebound from its springtime sell-off of roughly ...
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion ...
So far, banks reporting earnings results are not seeing any major cracks in consumer health. JPMorgan Chase’s net charge-off rate for credit cards rose to 3.24% in the third quarter from 2.49% a ...
The Consumer Financial Protection Bureau said it has ended its Bank of America oversight related to the bank providing false mortgage lending information to the federal government from 2016 to 2021.
Other business units affected by the layoffs include consumer lending ... hundreds of thousands of Wells Fargo’s Community Bank employees opened millions of unauthorized or fraudulent accounts and ...
CFPB settlement: In December 2022, Wells Fargo was ordered to pay billions of dollars as part of a consumer banking-related settlement with the Consumer Financial Protection Bureau. This ...
The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.
Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of ...
The new attack on the CFPB comes after an earlier proposal to eliminate its entire budget violated reconciliation rules.
The Senate Banking Committee is now proposing to cut the cap by which the Consumer Financial Protection Bureau can request ...
Later in the process, the scammers will typically transfer their crypto back into standard currency. Bank accounts are so ...
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