Wednesday, September 14, 2016

Wells Fargo CEO headed to Senate hot seat for account scandal

As it turns out, Wells Fargo will have to answer to more than just the CFPB for the “widespread unlawful” practices of more than 5,000 former employees who opened more than two million fake accounts in order to get sales bonuses. The mega bank will now have to report to one of the most powerful committees on Capitol Hill.

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