Clinton weighs in on ‘deeply disturbing’ Wells Fargo scandal, vows to protect CFPB

Clinton weighs in on ‘deeply disturbing’ Wells Fargo scandal, vows to protect CFPB. Rebuts Republican calls to alter or abolish CFPB. September 20, 2016. Ben Lane.

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The Consumer Financial Protection Bureau (CFPB) for which we have Elizabeth Warren to thank, says the $185 million dollars represents "$100 million fine to the CFPB’s Civil Penalty Fund.

Wells Fargo has become engulfed in a scandal over phantom accounts. Employees created as many as 2m secret credit cards and bank accounts. Alistair Gray explores the fall-out as investors.

Rep. Sean Duffy, (R-Wis.), on the fallout from Wells Fargo’s retail sales practices scandal.

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House Investigators: Obama’s CFPB ‘Stonewalling’ on Wells Fargo Debacle . House Financial Services Committee chairman, Rep. Jeb Hensarling, R-Texas (AP). On Tuesday, the Senate Banking Committee had its turn at the Wells Fargo scandal. The San Francisco bank’s embattled chairman John Stumpf.

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Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against wells fargo bank for illegal private student loan servicing practices that increased costs and unfairly penalized certain student loan borrowers.