Wells Fargo confirmed that the Consumer Financial Protection Bureau (CFPB) has terminated a 2018 consent order related to the bank's compliance risk-management program. This is the twelfth consent order the bank has cleared since 2019, but Wells Fargo still faces three major federal penalties and remains subject to an asset cap of $1.95 trillion. In a separate development, a group of banks led by Morgan Stanley sold the final $1.2 billion of debt tied to Elon Musk's $44 billion acquisition of Twitter, now called X. The debt, part of the original $13 billion financing package from 2022, was sold at 98 cents on the dollar, ending the banks' exposure to the deal after two years.