Wells Fargo Ruins CFPB Reform

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Just as we start getting some legs with CFPB reform, the Wells Fargo issue basically ruined the whole thing.  Thanks Wells.




11 thoughts on “Wells Fargo Ruins CFPB Reform”

  1. dan says:

    cool tune – whats the song, band ?

    1. admin says:

      It’s the band I’m in with my son. You can check it out here: https://youngbeard.bandcamp.com/releases

  2. Rochelle Guerra says:

    Great beat. Great topics . Love you guys

  3. Michael says:

    Cool Tune……

  4. Jason Hutchings says:

    What is that song?

    1. admin says:

      It’s called Milk on the Counter by Young Beard, the band I’m in with my son. You can check it out here: https://youngbeard.bandcamp.com/releases

  5. turnip says:

    It’s not about protection, it’s about extending the currency war into the future, and pushing more business to those that pay for federal protection from competition.

  6. turnip says:

    CFPB is not about protecting consumers. It’s about creating burdensome regulations for the mom and pops, and pushing business to the TBTF companies that pay for federal protection from competition.

    1. Caterina says:

      Turnip, you are spot on. I’m keeping an eye on this lawsuit. http://www.chamberlitigation.com/phh-corporation-v-cfpb

      It’s challenging the constitutionality of the CFPB.

      Love the song, Frank. Your band has a ‘grunge’ edge to it. Hope that isn’t a slam in your eyes. My ’70s, ’80s and ’90s roots are showing.

  7. Gus says:

    It’s not just Wells some banks you visit the employees are forced by upper management to open X number of checking/saving/credit accounts or they will be let go. There’s another bank in Chicago that had daily conference calls to report on how many new accounts were open each day. The Chicago president of this major bank used to think it was funny at management meetings saying that they made more money on over drafts on automatic payments from checking than any other account. So he wanted the branch management to keep up the pressure.

  8. kurt sandhoff says:

    I agree after 45 yrs in this real estate/loan industry. We have created a new agency that collects money/lots of it and Issues NMLS # for a price with NOTHING to show for it. get rid of it and create a truly professional group to get rid of Wells Fargo robbers

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