Business

Trump's Wells Fargo tweet cited in court hearing as reason to remove Mulvaney as CFPB acting chief

If you’ve been wondering how the Consumer Financial Protection Bureau will change now that President Trump has installed as interim director a man who has called the agency a “sick, sad joke,” wonder no more.

A recent tweet by President Trump about possible penalties against Wells Fargo & Co. was cited during a court hearing Friday as a reason for removing White House official Mick Mulvaney as acting director of the Consumer Financial Protection Bureau.

All Sources: Los Angeles Times Los Angeles Times

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