Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

Mick Mulvaney is gutting the consumer watchdog, and it bodes poorly for hardworking Americans.

Groups representing banks, credit unions, the housing industry and others argue in favor of a bill requiring the CFPB to issue timely guidance on its rules.

Though Mick Mulvaney has restarted the agency's data collection process, Sens. Elizabeth Warren and Mark Warner said collecting more information was the key to writing better rules.

Acting CFPB Director Mick Mulvaney held a roundtable with credit union leaders from the plains states, including discussions of how the bureau would seek input form CUs now that its advisory boards have been shuttered.

The OCC finds that Wells Fargo was not alone in its sales abuse practices (though it's not naming names); Fifth Third's Tim Spence is our Digital Banker of the Year; the CFPB acting director wipes out the agency's Consumer Advisory Board; and more from this week's most-read stories.

The acting director cited the size of advisory boards and some members’ reticence among reasons for his decision.

Months after a group of Democrats helped propel Dodd-Frank reforms forward, the opposition party’s identity crisis on banking policy is still on full display.

It's tough to explain the bizarre way the CFPB handled the decision to dismiss the members of three advisory councils earlier this week.

Acting CFPB Director Mick Mulvaney wrote in a two-paragraph filing that the Mount Laurel, N.J., company did not violate the Real Estate Settlement Procedures Act.