New Deregulation Bill Will Help Wall Street Steal Cars (Yes Really)

If an ordinary person committed any of the abuses listed in the Consumer Financial Protection Bureau’s latest complaint against Wells Fargo, other ordinary people might call it “theft,” or “car theft.”

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Alas, Wells Fargo is only considered an ordinary person when it spends money on elections. The rest of the time, it is a too-big-to-fail bank, and improperly relieving its customers of their automobiles is just one of a few “unfair acts and practices” to which it neither admitted nor denied when it agreed to settle a federal investigation on Friday…

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