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CFPB $1 Billion Fine Against Wells Fargo Shows Regulator Power in Trump Era
April 20, 2018
WASHINGTON, April 20 -- The Competitive Enterprise Institute, which is self-described as "a non-profit public policy organization dedicated to advancing the principles of limited government, free enterprise and individual liberty," issued the following news release:

On news today that the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of Currency (OCC) will impose a combined fine of $1 billion against Wells Fargo stemming from bank policies o . . .

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