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Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau's (CFPB) funding by nearly half.
Federal Reserve Chair Jerome Powell was grilled Wednesday by Sen. Elizabeth Warren (D-MA) for what she called an “outrageous ...
The Trump administration is reportedly considering an executive order on debanking, which could make the crypto industry’s issues with banking providers a thing of the past.
Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s Sar… ...
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S ...
In her letter, Warren said she would send the information on Wells Fargo’s Zelle claims to regulators, which include the Federal Reserve. In 2021, Warren had asked for the break up for Wells Fargo.
Days after the hearing, Wells Fargo sent Ms. Warren, who sits on the Senate’s Banking Committee, information she had sought for months about its fraud claims rate on Zelle transactions.
Sen. Elizabeth Warren wants the Federal Reserve to break up Wells Fargo after a slew of scandals at the bank. Warren Buffett may have dodged a bullet, as he virtually eliminated his stake in the ...
Democratic Senator Elizabeth Warren is calling on the Federal Reserve to break up Wells Fargo following years of scandal at America’s most troubled big bank. The push from Warren marks an ...