The president has chosen a candidate who poses a great threat to progressive values and causes—and one who might shield him from Mueller.
The banking giant will pay $500 million to the U.S. Treasury and $500 million to the Consumer Financial Protection Bureau's civil penalties fund.
Tim Kaine, Mark Warner and 10 other Democratic senators are backing Republican reform legislation that helps Wall Street and hurts Main Street.
The Consumer Financial Protection Bureau has quickly been subsumed into the Trump administration, and banks, student-loan agencies and payday lenders are the winners.
The U.S. financial system remains unreformed, and no one in any position of power will do anything to fix it. The only question is when the bubble will burst.
Dennis Kelleher, founder of Better Markets, talks about the nonprofit organization's effort to protect the public interest on Wall Street.
The departing head of the government agency appoints a deputy to temporarily fill his spot, but the White House then names its own interim leader.
The rule would have allowed consumers to band together to sue their bank or credit card company.
The director of the Consumer Financial Protection Bureau, Richard Cordray, is catching heat from GOP operatives -- most recently Trump loyalist Corey Lewandowski -- who are looking to gut the agency.
The Consumer Financial Protection Bureau is following up on reports that the scandal-ridden bank improperly charged customers from Los Angeles to Oregon.