This year, Wells Fargo paid a $108 million settlement for charging military veterans hidden fees to refinance their mortgages. We have to break up the big banks and reinstate Glass-Steagall to protect veterans, and all consumers, from predatory banking practices. #VeteransDay
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Bernie Tulsi 2020
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Why? She talks tough and then does nothing. She’s been in Congress for YEARS, what has she *actually done*?
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Hidden fees, millions of illegal accounts opened in peoples' names, and still doing business. I guess I know what Wells Fargo is thankful for this holiday season.
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And now Congress, thanks to
@VP Pence tie vote, Congress just passed bill to rescind our#Rights to Class Action suit when they#RobCheatSteal from US consumers. Forced Arbitration means#WeThePeople lose. - 1 more reply
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They waited until I was deployed before suddenly charging interest to my previously free checking account without any ability to cancel the account.
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Yes we do! Sanders/Gabbard 2020!!!
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In our family...they are know as Wells-Charge-O .... detest them.
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Ok "we" have to. Now what bill or legislation are you putting forth to do that? Identifying the problem has already been done....
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We must also end the slavery, poverty and corruption of the B.I.S. It’s time for the Treasury to lawfully print the interest free US dollar.
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Or quite charging them penalties that are a pittance based on what they "made" from their unfair practice. Start charging ruinous penalties and things might change. Probably not, but they might.
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It’s a wonderful idea.But who will fight elemental issues of lies and mischief in our government & financial-institutions?The ppl R not trying hard enough 2 demand their rights.Ppl have given up unto the system.Though it is factual to say it is not easy to make greed understand
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We have to expose, charge, and prosecute them for fraud. Put the CEOs in prison. Strip away their charters. Nationalize them like FDR did.
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Serious question for you: What does breaking up the big banks mean? I genuinely don't know. Does it mean a return to the separation between consumer and investment (i.e. repealing G-S)? Or something more, like limiting bank size?
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Corporate (funded) friendly DEM AGs like Eric Holder and Kamala Harris refused to indict dozens of delinquent bankster...but we should excuse them because Trump is terrible???????
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Fantastic point
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8 banks were sued, Wells Fargo’s settlement was the 7th and largest. The others: Bank of America Corp, Citigroup, First Tennessee, JPMorgan Chase & Co, PNC Financial Services Group Inc and SunTrust Banks Inc settled in 2012 for a combined $161.7 million.https://www.reuters.com/article/us-wellsfargo-settlement/wells-fargo-to-pay-u-s-108-million-over-veterans-loans-idUSKBN1AK1U1 …
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