The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an ...

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...

Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells Fargo's asset cap, urging the Fed to reconsider and provide Congress with ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

The regulator’s board Tuesday lifted the $1.95 trillion asset cap the bank has operated under since 2018, but certain ...

WASHINGTON, D.C. ― Wells Fargo was released from a punitive, seven-yearlong $1.95-trillion cap on its assets on Tuesday after the US Federal Reserve (Fed) lifted the regulatory measure, allowing the ...