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Federal agency that investigated Wells Fargo scandal dealt blow by court

by www.latimes.com

A U.S. consumer watchdog agency that helped unravel the Wells Fargo & Co. scandal has an unconstitutional structure because it gives too much power to its director, a federal appeals court ruled Tuesday.

The court said the way the Consumer Financial Protection Bureau is organized violates the Constitution’s...


Read Full Article On www.latimes.com
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