The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.

Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to automobile lending, consumer deposit accounts, and mortgage lending products and services.

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.

In its first key decision of President Donald Trump’s second term, the Federal Reserve is widely expected to hit pause on rate cuts Wednesday.

Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."

Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and delinquenices are rising.

Wells Fargo’s Q4 results were positive, but regulatory issues linger. Find out why WFC stock is fairly valued despite potential growth from regulatory reform.

Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts, and mortgage lending, has closed.

As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.

U.S. banking sector. Read this article to know whether the bank stocks are still worth holding after solid gains.