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Fines

"Make Me Smart” Newsletter

What's a $1,000 fine to a billionaire?

by Ellen Rolfes and Catherine Orihuela
May 10, 2024
The News Fix Fines don’t deter Donald Trump. A New York judge held the former president in criminal contempt this week, levying another $1,000 fine for violating his gag order. This is the 10th time that Judge Juan Merchan has fined Trump during the “hush money” trial, in which Trump is charged with 34 counts of falsifying business records […]
Victor J. Blue - Pool/Getty Images
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Wells Fargo to pay $1 billion for mortgage, auto lending abuses

by Associated Press
Apr 20, 2018
The settlement also contains other requirements that would restrict Wells Fargo’s business.
Justin Sullivan / Getty Images
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LA County libraries go fine-free for their younger readers

by Reema Khrais
Jan 8, 2018
Officials say when young readers rack up fines, the likelihood they'll use their card again, or return to the library, diminishes.
Sean Gallup/Getty Images
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How the poor are ending up stuck in modern-day debtors' prisons

by Mark Garrison
Aug 17, 2016
VICE's new two-part documentary series examines the issue.
The racquet court of Fleet Debtors' Prison in London by English caricaturist Thomas Rowlandson.
Hulton Archive/Getty Images
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In New York, ice cream truck jingle jangles nerves

by Marketplace Contributor
Jul 26, 2016
It may be the sound of summer, but flout the anti-noise rules and you'll be fined.
Mister Softees filling up at the pump.
Isabella Kulkarni
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As ACA deadline approaches, fines loom

by Dan Gorenstein
Jan 28, 2016
But will they motivate people to buy health insurance?
A person walks into the UniVista Insurance company office where people are signing up for health care plans under the Affordable Care Act.
Joe Raedle/Getty Images
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Police fees shore up budgets in many towns

by Nova Safo
Mar 11, 2015
Experts say local governments have been relying on police ticketing and fees
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Big banks get fined in foreign exchange rigging

by David Gura
Nov 12, 2014
Banks must pay $4.3 billion because their traders manipulated the market.
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Do big fines even matter for JP Morgan Chase?

by Kai Ryssdal
Jan 6, 2014
The bank faces a hefty penalty for failing to warn customers of Bernie Madoff's infamous scheme, but all the fines don't seem hurt the company at all.
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Divvying up the $13 billion JP Morgan fine

by Mark Garrison
Oct 21, 2013
We're getting early reports of a potential $13 billion settlement over mortgage securities, of which $4 billion would go to consumers.
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