Wells Fargo pays $575 million to settle state investigations into fake accounts
The bank has been under a cloud since 2015 when it acknowledged that employees had opened millions of fake bank accounts for customers in order to meet sales goals.
Watch 7:23
Sen. Heitkamp: Critics overstating case against bill loosening banking regulations
A decade after the financial crisis spurred tough financial regulation, the Senate took a step toward rolling back some of those rules on Tuesday. Republicans were joined by more than a dozen Democrats in moving forward with a bill easing…
Senate poised to ease Dodd-Frank rules for most banks
Ten years after a financial crisis rocked the nation's economy, the Senate is poised to pass legislation that would roll back some of the safeguards Congress put into place to prevent a relapse.
Watch 2:37
Duel over who runs the Consumer Financial Protection Bureau goes to court
The Consumer Financial Protection Bureau opened for business on Monday with dueling appointees. Leandra English was named acting director on Friday by the bureau's outgoing chief, but within hours President Trump appointed White House budget chief Mick Mulvaney to the…
The Senate overturned a rule on Tuesday that would allow consumers to bring class action suits against banks and credit card companies, ending a long-brewing battle over the use of arbitration clauses by financial institutions. William Brangham talks to Elizabeth…
The average charge per overdraft went from $21.57 in 1998 to $31.26 in 2012. Similarly, average ATM fees more than doubled between 2001 and 2014. But there are more fees -- fees you may not even be aware of.
President-elect Donald Trump’s proposed economic team suggests a preference for Wall Street veterans, in a reversal of his campaign promise to surround himself with establishment outsiders. Judy Woodruff speaks with David Wessel of The Brookings Institution about the “elite” appointments,…
It’s been a common theme this campaign season: Are our banks still too big to fail? Former treasury official Neel Kashkari and presidential candidate Sen. Bernie Sanders have both shared their concerns with the NewsHour. For another perspective on the…
In our news wrap Thursday, the U.S. has indicted seven computer hackers with ties to Iran’s government for malware attacks that cost American financial institutions tens of millions of dollars. Also, government troops opened an offensive to retake Mosul from…
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