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Trump denies that Wells Fargo may avoid federal penalties for alleged mortgage lending abuses

President Trump on Friday denied a report that the federal consumer financial watchdog might drop sanctions against Wells Fargo & Co. for alleged mortgage lending abuses, and said the bank could face even tougher penalties. Trump’s comments on Twitter appeared to be in response to a Reuters report...
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Trump promises to pursue Wells Fargo fraud with 'severe' penalties

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Trump's tweet follows a Reuters report that the administration was reconsidering a $100 million fine levied against the bank.        

Trump Says Wells Fargo Fines Will Not Be Reduced

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The president appeared to be pushing back against a report about his administration reviewing whether the bank should pay hefty fines for abusive mortgage lending practices.

Mulvaney May Reconsider Fine Against Wells Fargo

Politics / US Politics : Taegan Goddard's Political Wire

According to Reuters, Consumer Financial Protection Bureau acting director Mick Mulvaney is reportedly mulling whether to go ahead with a multi-million dollar penalty for alleged mortgage fraud by Wells Fargo.

Trump promises heavy penalties for Wells Fargo

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President Trump on Friday tweeted that the he'd ensure stiff penalties against Wells Fargo over allegations of financial impropriety the day after a report emerged that federal fines are being reconsidered. "Fines and penalties agai...

Trump says penalties for Wells Fargo mortgage-lending scandal could be 'substantially increased'

Business & Finance : Business Insider: Clusterstock

Reuters reported that President Trump's pick to lead the Consumer Financial Protection Bureau, Mick Mulvaney, was considering easing penalties against Wells Fargo over improper mortgage lending practices. Trump tweeted Friday that t...


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