WASHINGTON—Republican lawmakers escalated their accusations that the Consumer Financial Protection Bureau was slow to start investigating allegedly fraudulent sales practices at Well Fargo & Co., trying to discredit the agency’s role in a landmark enforcement case. The GOP criticism came during CFPB Director Richard Cordray’s appearance at a House panel hearing on Wednesday, his first congressional testimony since the Republican victory in the November election. Republican lawmakers have been looking into ways to...

Source: Wall Street Journal April 05, 2017 19:07 UTC