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Wells Fargo will pay $1 billion in fines to address deficiencies identified by regulators in its mortgage and auto loan businesses, US regulators said April 20, 2018. The big US bank, which has been under fire from regulators and shareholders in the wake of a 2016 fake accounts scandal, will pay the fines to resolve actions brought by the Office of the Comptroller of the Currency and the Bureau of Consumer Financial Protection. / AFP PHOTO / KAREN BLEIERKAREN BLEIER/AFP/Getty Images Re: “Mulvaney fires all 25 members of consumer watchdog advisory board” (Page A4, June 7): I read with interest your news article regarding the firing of the Consumer Finance Protection Bureau Consumer Advisory Board (CAB). This CAB termination reminds me of a patient who stops following a doctors instructions. The patient is now playing Russian roulette; they will likely deteriorate in health เว็บแทงบอลออนไลน์ฟรี and possibly die as a result. Get editorials, opinion columns, letters to the editor and more in your inbox weekday mornings. Sign up for the Opinion newsletter. The U.S. economy went through a “near-death” experience in the 2008 financial crisis. American taxpayers were traumatized and lost trillions of dollars. Protection tools like the CAB were put in place to “check up” on the health and wellness of the financial sector.
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