In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.

Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told ...

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for ...

Money remittance provider Wise said it "strongly disagrees" with the Consumer Financial Protection Bureau's characterization ...

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a statement pertaining to an enforcement action against ...

Money transfer platform Wise has been hit with a $2.5 million penalty from the Consumer Financial Protection Bureau (CFPB) ...

Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...

Governor Michelle Bowman discussed the unique challenges mutual banking institutions face raising capital and the need for regulatory flexibility ...

Our podcast show today features John Culhane and Mike Kilgarriff, partners in Ballard Spahr’s Consumer Financial Services group. They discuss ...

The future of the nation's top consumer financial regulator is in doubt, and that's opening questions about the impact on ...

Arkansas’ banks are financially strong, and some could be seeking to acquire out-of-state properties. A recent survey showed ...