New York Gov. Andrew Cuomo is using the phony account-opening scandal at Wells Fargo as justification to further expand the enforcement powers of his state's banking regulator.

Over the weekend, Cuomo unveiled a proposal that would to give the state Department of Financial Services — widely viewed as one of the nation's most-aggressive state regulators — the authority to ban from the industry individual bankers who have harmed consumers through "egregious and deceptive" behavior. Though the agency has no jurisdiction over Wells, a federally chartered institution, Cuomo said that the Wells fiasco is an example of why regulators need to be even more vigilant in enforcing consumer protection laws.

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