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U.S. consumer protection agency fields nearly one million complaints

Published 09/20/2016, 09:23 PM
© Reuters. Consumer Financial Protection Bureau Director Cordray speaks in Washington
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WASHINGTON (Reuters) - A leading consumer protection agency has fielded nearly 1 million complaints in a database that helped investigate client abuse at Wells Fargo (NYSE:WFC), the head of the agency told lawmakers on Tuesday.

Richard Cordray, director of the Consumer Financial Protection Bureau, said the agency expects to reach 1 million complaints by the end of the week.

© Reuters. Consumer Financial Protection Bureau Director Cordray speaks in Washington

"I think (it will be) Thursday," Cordray told the Senate Banking Committee of complaints to the public database that was a tool for investigating customer abuse at Wells Fargo.

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