Sentences with phrase «widespread consumer abuses»
The Federal Reserve said Friday that it is restricting Wells Fargo's size in response to «widespread consumer abuses.»
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While having long - term implications for the financial health of borrowers, a present concern for consumer advocates is that it is unclear what will happen to the CFPB's ongoing lawsuit against the large student loan servicer, Navient, who was sued under the previous CFPB directorship over findings it committed widespread fraud and abuse against student loan borrowers.