President Donald Trump threw himself into a debate about the direction of a consumer-finance regulator Friday, pledging punishment for Wells Fargo & Co. despite his administration’s promise to ease postcrisis financial regulation. In a Twitter post Friday morning, the president wrote that the bank, which in late 2016 was hit with a sales-practices scandal, should pay fines for “bad acts against their customers.”Mr....

Source: Wall Street Journal December 08, 2017 18:00 UTC