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Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge.
The Senate slogged through a tense overnight session that has now dragged into Tuesday morning, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of ...
Senate Republicans hauled President Donald Trump’s big tax breaks and spending cuts bill to passage Tuesday on the narrowest ...
In 2023, Bank of America also was ordered by the CFPB to pay a $12 million penalty after hundreds of bankers filed false mortgage reports.
The Federal Reserve said Monday it will no longer consider reputation risk as part of its bank exams, following calls from some bank groups and Republican lawmakers to end a practice critics have ...
The CFPB cut short a five-year agreement with Bank of America over the bank’s alleged submissions of false mortgage data.
The Consumer Financial Protection Bureau cut short a five-year agreement with Bank of America Corp. over the bank’s alleged submission of false mortgage data as the significantly curtailed ...
Trump's efforts to dismantle CFPB has cost consumers $18 billion in higher fees and canceled restitution. Advocacy groups urge Congress to act.
CFPB ends its oversight of Bank of America in Charlotte. The bank met federal compliance requirements tied to false mortgage data, closing the case early.
President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly ...
By Douglas Gillison (Reuters) -President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation ...
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