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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 on major bank Wells Fargo (WFC). The US central bank released Wells Fargo from its cap that held its total assets at $1.
Wells Fargo's asset cap has been lifted—but who paid the real price for the bank's scandal? Explore the employee backlash, ...
Jay Bryson, Wells Fargo chief economist, joins 'Squawk Box' to discuss the state of the economy, the Fed's rate path outlook, ...
But that came to an end on June 3, 2025, when the Fed said Wells Fargo was no longer subject to the asset-growth restriction ...
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