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Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns ...
WASHINGTON (AP) — A senior Obama administration official told lawmakers Thursday that the failure of a cease-fire in Syria poses serious consequences for Moscow and gives the United States leverage, an argument that drew a skeptical response from Republicans and Democrats.
WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co Chief Executive Officer John Stumpf on Thursday offered Capitol Hill lawmakers a series of actions to fix widespread sales abuses but remained defensive on issues like consumer lawsuits, the weakness of an internal investigation and his sale of Wells Fargo shares. Jeb Hensarling, the Republican chairman of the House Financial Services Committee, said in his opening statement that he has lost faith in Wells Fargo, where he has a mortgage. "Mr. Stumpf, I have a mortgage with your bank," Hensarling said.