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Green Dot Bank, which is closely tied to Walmart, has received a proposed enforcement action from the Federal Reserve. This proposed order is connected to allegation of faulty consumer practices that were performed by the bank. The Federal Reserve is a significant regulatory authority in the United States that holds the power to supervise and control banking institutions to maintain financial system stability. At present, the specific details regarding which consumer practices are alleged to be faulty have not been disclosed. Possible outcomes could range from fines to corrective action requirements. Both