Mick Mulvaney on Wells Fargo, the role of regulators and restructuring the American economy | WBEZ
Skip to main content

Marketplace

Mick Mulvaney on Wells Fargo, the role of regulators and restructuring the American economy

Wells Fargo will pay the federal government a billion dollars to settle charges of misconduct in its car and home loans. That's a lot, but only a small percentage of the banks' recent profits. It's also the biggest bank fine imposed by the Trump administration and the first by the Consumer Financial Protection Bureau under the direction of Mick Mulvaney. He's no fan of the agency he's now in charge of, and he's still Trump's budget guy, so we had him on today to talk about all of it. Then: We'll talk over the interview with our friends on the Weekly Wrap and take a look at where all that money's going. Plus: unpacking Trump's tweets about OPEC.

Get the WBEZ App

Download the best live and on-demand public radio experience. Find out more.

CLOSE X