They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB) on Saturday.
Rohit Chopra, head of the top agency for consumer finance, submitted his resignation early Saturday after President Donald Trump fired him overnight, according to a source familiar with the situation.
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of consumer protection laws.
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump ...
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
MORE: Wells Fargo Rewards: How to earn and use them 3. There’s no financial penalty for late payments The Wells Fargo Attune℠ Card is rare among its peers in that it doesn’t charge late fees.
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.