The Real News Network has the story US Consumer Board Conceals how Wells Fargo Fleeces Students.
The Consumer Financial Protection Board kept a detailed report about how Wells Fargo has long been involved in charging students up to three times more for financial services than other banks do. Why did the CFPB not reveal this? Bill Black explains.
Elizabeth Warren had a good idea with the CFPB, but perhaps she didn’t think of what a President like Trump could do with such an agency. I wonder what she thought Hillary Clinton would do. Bill Clinton was infamous for reducing regulation of the Savings and Loan Banks that were collapsing around his ears.