Wells Fargo Unauthorized Accounts
2017-10-03T23:54:40-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYzM2XC8yMDE3MTAwNDAwMDYyMzAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Wells Fargo CEO Timothy Sloan testified at a hearing on the bank’s business practices. Wells Fargo had faced scrutiny since 2016 when it was revealed that customers had unknowingly been enrolled for unauthorized accounts and other products. This hearing served as a check-in with Mr. Sloan for committee members to ask what Wells Fargo had done to change its corporate culture, rectify outstanding issues for customers, and comply with federal regulations. Senator Elizabeth Warren (D-MA) in her questioning of the witness told him “you should be fired” and that nothing within Wells Fargo would change with him in charge.
Wells Fargo CEO Timothy Sloan testified at a hearing on the bank’s business practices. Wells Fargo had faced scrutiny since 2016 when it was… read more
Wells Fargo CEO Timothy Sloan testified at a hearing on the bank’s business practices. Wells Fargo had faced scrutiny since 2016 when it was revealed that customers had unknowingly been enrolled for unauthorized accounts and other products. This hearing served as a check-in with Mr. Sloan for committee members to ask what Wells Fargo had done to change its corporate culture, rectify outstanding issues for customers, and comply with federal regulations. Senator Elizabeth Warren (D-MA) in her questioning of the witness told him “you should be fired” and that nothing within Wells Fargo would change with him in charge. close
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