Wednesday, February 21News That Matters

Top Democrat suggests Wells Fargo should be shut down entirely

From our friends at CNN Money:

Top Democrat suggests Wells Fargo should be shut down entirely Warren and Yellen spar over Wells Fargo Warren and Yellen spar over Wells Fargo

A powerful Democrat in Congress says regulators should consider shutting down Wells Fargo for abusing the trust of millions of its customers.

Maxine Waters, the top Democrat on the House Financial Services Committee, issued a 38-page report on Friday slamming regulators for failing to punish the bank more severely for its recent scandals.

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