I guess the checks to the GOP PAC has cleared….
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One of our NC US House Representives, Tim Moore, received the most $8,500 in WF PAC donation money. The closest any other Representative was $5,000. He is of course, on the US House Financial Services Committee.
https://www.wellsfargo.com/assets/pdf/about/corporates-responsibility/2022-political-disbursements.pdf
https://timmoore.house.gov/
@c2+1jjpmfnve, I don't like Elizabeth Warren either, but she did not create fake customer accounts! Carrie T and her cronies did! All the existing problems were originally created by Wells Fargo leadership to begin with, and they are still creating new problems every few months. I will repeat to your dense brain again, Wells Fargo leadership IS the source of all the problems. Hello McFly? Wake up!
Say it one more time for the ppl in the back.
She’s literally the source of any problem WF has ever had
@ab+1jjpmfnve, what is this obsession with Elizabeth Warren? With or without her, Wells Fargo will always find opportunities to cause problems, we all know how corrupt our leadership is.
Don't worry, Charlie will create more new consent orders.
Who even cares anymore? We all get downsized either way.
Some of the consent orders are being lifted because the decision on Sioux Falls was reversed. South Dakota Senator Mike Rounds is on the banking committee and in exchange for keeping Sioux Falls (and making it core), he would help get some of the consent orders lifted. “You scratch my back and I'll scratch yours club”
Robber baron unleashes robber baron bank.
Film at eleven.
Weren't about four orders terminated in 2024?
Once again Elizabeth Warren proved herself to be useless.
Yup the Trump investment strategy paid off big time. They knew that order would never be lifted no matter how many controls were in place. It was a political problem that needed a political solution.
Baseless statement. There were twice as many consent orders, and as stated, the most restrictive consent order ( https://www.fool.com/investing/2021/10/10/a-guide-to-all-of-wells-fargos-consent-orders/) under a GOP administration than the prior two Democratic administrations. Critical thinking skills are essential, however, to understand such.
If this is correct, how does one explain the lifting of the previous consent order in 2024m
Will they accelerate the layoff in Risk area? They might in coming months.