WELLS FARGO HEARING: “You should resign” – Sen. Elizabeth Warren to Wells Fargo CEO John Stumpf. The latest from the hearing -- http://cbsloc.al/2cZo1V0 | KPIX CBS San Francisco Bay Area
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WELLS FARGO HEARING: “You should resign” – Sen. Elizabeth Warren to Wells Fargo CEO John Stumpf. The latest from the hearing -- http://cbsloc.al/2cZo1V0 | KPIX
KPIX CBS San Francisco Bay Area. . WELLS FARGO HEARING: “You should resign” – Sen. Elizabeth Warren to Wells Fargo CEO John Stumpf. The latest from the hearing -- http://cbsloc.al/2cZo1V0
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During a Senate hearing on Wells Fargo earlier today, Senator Elizabeth Warren (D-MA) demanded that Wells Fargo CEO John Stumpf resign from his post, and condemned the bank over the millions of fake accounts that the bank allegedly created over several years. Warren reportedly demanded a criminal investigation of Stumpf by the Justice Department and the SEC. | CBS47 Fresno
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During a Senate hearing on Wells Fargo earlier today, Senator Elizabeth Warren (D-MA) demanded that Wells Fargo CEO John Stumpf resign from his post, and condemned the bank over the millions of fake accounts that the bank allegedly created over several years. Warren reportedly demanded a criminal investigation of Stumpf by the Justice Department and the SEC. | CBS47 Fresno
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During a Senate hearing on Wells Fargo earlier today, Senator Elizabeth Warren (D-MA) demanded that Wells Fargo CEO John Stumpf resign from his post, and condemned the bank over the millions of fake accounts that the bank allegedly created over several years. Warren reportedly demanded a criminal investigation of Stumpf by the Justice Department and the SEC. | CBS47 Fresno
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U.S. regulators say Wells Fargo has repeatedly misled and overcharged its customers. These allegations have rocked the 170-year-old bank, which still stands as one of the largest lenders in the U.S. The Federal Reserve continues to uphold an unprecedented cap on the bank's assets in response to the government's findings. These ongoing legal issues have weighed on the bank in recent years, sending numerous employees and executives out the door. Read more here: https://cnb.cx/3Dc00XF | CNBC
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Here’s what I had to say to Wells Fargo CEO at today’s Senate Banking Committee hearing. Wells Fargo must hold top executives responsible for their widespread illegal activity. Period. Wells Fargo's pressure-cooker culture is a systemic problem that top executives benefited from enormously and are now scapegoating those at the very bottom. Accepting full responsibility for establishing a culture that put people in an impossible situation would be to resign, return funds and help fund assistance
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