Consumer bureau celebrates 5th birthday with big fines for Citibank

President Obama signs Dodd-Frank financial reform law, July 21, 2010. The massive financial reform bill known as Dodd-Frank turns five on Tuesday. The White House is celebrating by issuing a handful of long overdue rules to protect service members from predatory lending, and the Consumer Financial Protection Bureau celebrates with a new $700 million enforcement action for credit card customers.

These new rules, the White House says, build on the consumer protections already achieved...

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