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It’s starting with Wells Fargo, but it’s sure to continue with other banks.  Over fining banks hurts consumers as it forces banks to increase their costs.  End of story.



additional comments on
"How Over Fining Banks Hurts Consumers"

  1. Mike jones says:

    Turn that check over and write pay to the order of the cfpb and mail it to them. Bet it gets cashed

  2. Jeff says:

    Wells Fargo returned $3.1 billion to shareholders in the first quarter of 2017 through common stock dividends and net share repurchases. A few hundred million in fines and penalties for bad behavior may make them more honest in their consumer dealings. But probably not.


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