Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, Regarding the Proposal to Strengthen the Resilience of America’s Largest Banks

By: Consumer Financial Protection Bureau Today, federal banking regulators are voting to propose a rule regarding the resilience of banks

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WARNER SPONSORS LEGISLATION TO RECOUP BANK EXECUTIVE BONUSES AND STOCK SALES IN THE CASE OF BANK FAILURE

By: Office of Senator Warner ~ Bill follows collapse of Silicon Valley Bank, second-largest bank failure in American history ~ WASHINGTON

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FDIC Acts to Protect All Depositors of the former Silicon Valley Bank

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and substantially all assets of the

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FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank

WASHINGTON – Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation,

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CFPB Orders Wells Fargo to Pay $3.7 Billion for Widespread Mismanagement of Auto Loans, Mortgages, and Deposit Accounts

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is ordering Wells Fargo Bank to pay more than $2 billion in

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