"Historic" Wells Fargo Settlement Is Actually Full Of Loopholes

1,705 views · Published 1 May 2018 · 8:42 · Indexed 22 September 2026

Channel: The Logical Leftist · 2018 · News & Politics

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"THE BILLION-DOLLAR Wells Fargo settlement reached between the bank and the consumer agency now controlled by Trump adviser Mick Mulvaney has been heralded as evidence that the longtime critic of the Consumer Financial Protection Bureau might not burn it to the ground after all. But a closer look at the details of that consent decree reveals that it is set up in such a way that will allow Wells Fargo to set the terms by which defrauded customers can be made whole."

https://theintercept.com/2018/04/26/wells-fargo-cfpb-mick-mulvaney/

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