Tags: Donald Trump | Trump Administration | Trump | Wells Fargo | Fines

Trump Says Fines Against Wells Fargo Won't Be Dropped

Image: Trump Says Fines Against Wells Fargo Won't Be Dropped
(Reuters)

Friday, 08 December 2017 11:05 AM

President Donald Trump said Friday that government fines and penalties against Wells Fargo & Co will not be dropped and could be "substantially increased."

Reuters reported on Thursday that the new acting head of the U.S. consumer finance watchdog agency is reviewing whether Wells Fargo should pay tens of millions of dollars over alleged mortgage lending abuse, according to three sources familiar with the dispute. It was not clear whether Trump was reacting to the Reuters' report. 

© 2018 Thomson/Reuters. All rights reserved.

   
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President Donald Trump said Friday that government fines and penalties against Wells Fargo & Co will not be dropped and could be "substantially increased. "Fines and penalties against Wells Fargo Bank for their bad acts against their customers and others will not be dropped,...
Trump, Wells Fargo, Fines
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2017-05-08
Friday, 08 December 2017 11:05 AM
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