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Wells Fargo to Pay $1 Billion in Fines Over Auto, Mortgage Lending Abuses
Los Angeles Times, Apr. 20, 2018–James Rufus Koren
The penalty, announced by the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, is the largest levied against a financial firm since President Trump took office and one of the largest against any U.S. bank not related to the financial crisis.