On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a ...

Consent Orders Under the National Labor Relations Act. Historically, once a complaint issued in a ULP, it could be resolved in one of four ways: (1) dismissal by the General Counsel; (2) ...

Regulators from California, Massachusetts, Minnesota, Nebraska, New York and Texas levied the fine for anti-money laundering ...

A consent order comes about when the respondent (i.e., an employer) proposes terms by which to resolve a dispute that the administrative law judge (ALJ) ...

The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...

W ells Fargo said on Tuesday that a consent order that the Consumer Financial Protection Bureau issued against it in December 2022 had been terminated. That was welcome news for shareholders, who ...

Federal banking regulators have disclosed they have terminated a 2016 consent order that was placed on Wells Fargo after its fake accounts scandal. The disclosure sent the bank’s stock up more ...

That leaves two consent orders still in place, including the Federal Reserve's 2018 order that imposed a $1.95T asset cap on Wells Fargo. It also has a third enforcement action outstanding, ...

As consent orders run down, the bank's stock should rise as investors anticipate the bank being closer to finally having updated its regulatory infrastructure to regulators' liking.

A consent order between The Dow Chemical Co. and the Michigan Department of Environmental Quality won t happen this year, the parties to the consent order announced today. The proposed deal pushed ...

A legal agreement between Erie County Council and Executive Brenton Davis has frozen millions in disputed funds until a court ...