Comment on Elizabeth Warren to Fed: Wells Fargo CEO Sloan must go

Elizabeth Warren to Fed: Wells Fargo CEO Sloan must go

Sen. Elizabeth Warren (D-Mass.) said on Thursday the Federal Reserve should not allow Wells Fargo to grow in size until the bank replaces Chief Executive Officer Tim Sloan. In a letter to Fed Chairman Jerome Powell, Warren said Sloan, a 30-year veteran of Wells, is “deeply implicated” in prior bank misconduct, and it is untenable...

 

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