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Mick Mulvaney testifies before the Senate Budget Committee regarding the Trump Administration’s Fiscal Year 2019 budget. Credit: Diego M. Radzinschi/ NLJ

Two years ago, when Wells Fargo & Co. agreed to pay $185 million to resolve claims connected to its sham accounts scandal, the Consumer Financial Protection Bureau trumpeted its $100 million piece of the settlement as the largest penalty the agency had ever assessed.

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