Senator Elizabeth Warren of Massachusetts posted on X: “Wells Fargo (WFC) has a long record of breaking the law-and this past year, was caught violating anti-money laundering, consumer protection, and securities laws. Lifting the asset cap was a grave mistake. The Fed must show its work and turn over Wells Fargo’s exam reports to Congress.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WFC:
- Trump says Fed ‘must now’ lower rates after ADP payrolls report: Morning Buzz
- Unusually active option classes on open June 4th
- Wells Fargo CEO tells CNBC ending asset cap was ‘team effort’
- TD sees much of optimism around lifting Wells Fargo asset cap as priced in
- Wells Fargo price target raised to $87 from $77 at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue