From Rep. Katie Porter:
"In a win for consumers, Wells Fargo is being forced to pay $3.7 billion to settle allegations by the Consumer Financial Protection Bureau that it mismanaged various types of loans and accounts. The allegations range from surprise overdraft fees to illegally repossessing cars.
For years Wells Fargo has used deceptive practices to scam families, and Katie has used her voice in congressional hearings to hold them accountable and reveal some of their shadiest practices. "
Cape Cod-based author of safety & maritime books including Cape Safety, Inc. series, Deep Sea Decisions, Newtucket Island, Training Ship, Cape Car Blues.