More Wells woes; DOJ busts identity thieves


S&P lowers the bank’s rating to A-minus following Federal Reserve sanctions on growth; 13 are arrested after alleging defrauding banks of $530 million over seven years.


Equifax misled public on data breach, Warren claims


Sen. Elizabeth Warren released a scathing report Wednesday on Equifax's handling of the data breach last year, part of an effort to gain backing for legislation to rein in the credit bureaus.


Wells’ stock plunges; Is CFPB backing off on Equifax probe?


Shares drop nearly twice as much as other bank stocks and the broader market; agency denies it’s looking to end the investigation into last year’s data breach.


Is CFPB punting on Equifax? It's complicated


It is unclear whether the Consumer Financial Protection Bureau is abandoning its supervisory oversight of Equifax or just taking a back seat to the Federal Trade Commission as the latter investigates the credit bureau.


Warren, Warner propose 'massive' fines for data breaches at credit reporting agencies


The two senators are set to introduce a bill that would force such firms to pay $100 per customer whose personal information was compromised.


FHFA should resist calls to weaken mortgage standards


The alternative credit scoring model VantageScore would not increase access to credit, says Joe Smith, the former monitor for the 2012 national mortgage settlement.


‘Incompetence reigns in the Senate': Comments of the week


Readers react to President Trump considering a credit union regulator to head of the Consumer Financial Protection Bureau, debate a delay for top banking nominees, opine on the value of blockchain, and more.


CFPB turmoil, Ripple's plans and Equifax: Most read stories of 2017


The Consumer Financial Protection Bureau dominated three of the top most read stories of last year, while Ripple upstart seized two. Other highlights included our annual Women in Banking package, the aftermath of the Equifax data breach and news of Amazon's possible banking plans.


‘Financial reports must have been fictional’: Comments of the week


Readers sound off on Mick Mulvaney’s plan to hire political appointees at the Consumer Financial Protection Bureau, question what’s behind the failure of Washington Federal Bank for Savings in Chicago, react to an argument that Equifax must endure, and more.


10 who had a rough year in 2017


It was a bad year for the CEO of Equifax, the founder of a high-flying fintech and the regulatory agency bankers love to hate.