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The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.
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In her memoir, A Fighting Chance, Warren reveals a childhood brush with bankruptcy and reflects on hard-won political lessons.
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After two years of political bickering, Richard Cordray has been confirmed as head of the Consumer Financial Protection Bureau. He thinks that, in the end, his agency has won bipartisan support for the work it will do.
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The vote signaled that the chamber had resolved a dramatic showdown on the rules governing White House nominations.
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The Consumer Financial Protection Bureau reports those who opt in to the service rack up more costs and are more likely to have their accounts closed.
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The Consumer Financial Protection Bureau says Mission Settlement Agency "systematically exploited and defrauded" its clients.
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The U.S. Court of Appeals for the D.C. Circuit invalidated three appointees, saying Obama overstepped his authority by making "recess appointments."
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Lack of a director can leave a federal agency treading water on policy and personnel issues, and several major agencies have been leaderless for years. The Senate also needs to act before federal judgeships can be filled, and some 10 percent of those jobs are vacant.
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President Obama's choice to head the Securities and Exchange Commission has prosecuted terrorists and mobsters. If she's confirmed, Mary Jo White's next challenge will be tackling reckless behavior on Wall Street. The success of this get-tough push will depend on changing the SEC's culture, analysts say.
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White, who prosecuted terrorists during her time as U.S. attorney for the Southern District of New York, would succeed Mary Schapiro, who stepped down in December. The president is also planning to renominate Richard Cordray to lead the Consumer Financial Protection Bureau.