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Wells Fargo Settles With CFPB, Sources Say Elon Musk Is Searching For a Twitter CEO 12/20/22

Wells Fargo Settles With CFPB, Sources Say Elon Musk Is Searching For a Twitter CEO 12/20/22

Jim Cramer and David Faber engaged in wide-ranging discussions about Wells Fargo's multi-billion dollar settlement with the Consumer Financial Protection Bureau. The CFPB said it has ordered the bank to pay a penalty for "widespread mismanagement of auto loans, mortgages and deposit accounts." David with new reporting on the Twitter saga: Sources telling him Elon Musk is actively searching for a CEO to run the company. Also in focus: Big tech weakness, the Bank of Japan's action that surprised the global markets, plus what to expect from FedEx and Nike results after the close -- and what they might say about the consumer.

Squawk on the Street

December 20, 202243m 39s

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Show Notes

Jim Cramer and David Faber engaged in wide-ranging discussions about Wells Fargo's multi-billion dollar settlement with the Consumer Financial Protection Bureau. The CFPB said it has ordered the bank to pay a penalty for "widespread mismanagement of auto loans, mortgages and deposit accounts." David with new reporting on the Twitter saga: Sources telling him Elon Musk is actively searching for a CEO to run the company. Also in focus: Big tech weakness, the Bank of Japan's action that surprised the global markets, plus what to expect from FedEx and Nike results after the close -- and what they might say about the consumer. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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