How a power trip could doom the agency that took down Wells Fargo

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Consumer Financial Protection Bureau’s critics want to shut the agency down and claim its structure is ‘unconstitutional’ and ‘unaccountable to the public’

The resignation last week of the chief executive of Wells Fargo should have been a high point for the Consumer Financial Protection Bureau (CFPB).

Related: Wells Fargo announces profit drop after CEO exits in fake accounts scandal

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