News

Elizabeth Warren Pushes Fed to Reinstate Wells Fargo’s Asset Cap
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
Exclusive: Sen. Warren urges Fed to reconsider removing Wells Fargo asset cap
Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...
Sen. Warren: Every Fed member should be embarrassed on Wells Fargo asset cap lift
Sen. Elizabeth Warren (D-Mass.) joins 'Squawk on the Street' to discuss the decision to lift Wells Fargo's asset cap, the ...
Warren tussles with CNBC host over Wells Fargo, Fed
Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an ...
Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
Feds lift Wells Fargo $2T asset cap penalty imposed after fake account scandal
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
Mediaite on MSN3d
Elizabeth Warren Scolds CNBC Anchor: You’re ‘Tossing Confetti’ for Big Bank That’s Been ‘Tagged for Money Laundering!’
Sen. Elizabeth Warren (D-MA) scolded CNBC anchor Sarah Eisen for defending the Federal Reserve lifting a punitive asset cap on Wells Fargo after seven years.
American Banker2d
Wells shed its asset cap — but it isn't clear why
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.