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.
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.
The Consumer Financial Protection Bureau is following up on reports that the scandal-ridden bank improperly charged customers from Los Angeles to Oregon.
Protesters on Tuesday registered their displeasure with the megabank's leadership at the Florida site of Wells Fargo's annual shareholder meeting.
The city's progressive agenda includes a new measure to shield residents from discriminatory acts by the Trump administration.
The groundbreaking vote comes one day after the Army Corps of Engineers is ordered to continue the easement process for the Dakota Access pipeline.
Too many issues that are far too important remain invisible during this presidential race. It is no wonder that elections seem less and less relevant.
The next president of the United States will have the power to reshape the nation’s ultimate judicial body—and redefine the meaning and application of the Constitution for a generation or more.
Truthdig readers zeroed in on the negative effects of capitalism this week, as demonstrations against racial inequality flared up across the United States. We want to hear from you: Which corporation do you want to target for contributing to neoliberal disasters?