Wells Fargo bankers chasing bonuses charged hundreds of clients inflated foreign transaction fees, the Wall Street Journal reported Monday. The report comes just over a year since Wells Fargo paid a $185 million fine for "widespread illegal" sales practices involving fees on 2 million deposit and credit-card accounts opened without customers' knowledge. An internal Wells Fargo review in the latest breach showed that only 35 business clients out of about 300 were charged the actual price they had been quoted by Wells Fargo bankers for their currency trades, two employees told The Journal. They heard the conclusions of the bank investigation in a conference call in June, the paper said. Sources told the newspaper that four foreign-exchange bankers have been fired and federal investigators have opened their own inquiry. read more
The fight for control of the U.S. consumer watchdog agency intensified on Monday as Mick Mulvaney, President Donald Trump's pick to run the Consumer Financial Protection Bureau (CFPB), imposed a hiring freeze and halted any new regulations. read more
Shocking news in last week's Sun-Sentinel:
Almost three months into the school year, thousands of public school students in South Florida still don't have a permanent teacher -- a problem expected to get worse as more educators flee the classroom and the number of those seeking teaching degrees plummets.
Okay, not shocking. Utterly predictable, given Florida's unending efforts to create the worst atmosphere for public education in the country. read more
On Monday night, the Atlantic's Julia Ioffe reported that Donald Trump Jr., the eldest son of the President and a senior adviser to his campaign, had exchanged direct messages on Twitter with WikiLeaks during the course of the 2016 race.
So what does this new reporting prove? It proves beyond a shadow of a doubt that there was direct communication between WikiLeaks and a senior member of Donald Trump's political inner circle. read more
Some conservatives are destroying their Keurig coffee machines in protest of the company pulling ads from Sean Hannity's show over his coverage of the sexual misconduct allegations levied at Alabama Senate candidate Roy Moore. Keurig, Realtor.com, 23 and Me, Eloquii and Nature's Bounty all pulled their ads from the television show, in response to the Fox host urging viewers not to rush to judgment against Moore. On social media, many used the hashtag #BoycottKeurig to slam the company for pulling its ads. Some posted videos of themselves smashing their Keurig machines and others vowed never to use the coffee maker again. read more