Thursday, March 28, 2024
HomebanksSen. Warren demands firing of Wells CEO: 'At best you were incompetent,...

Sen. Warren demands firing of Wells CEO: ‘At best you were incompetent, at worst you were complicit’

  • Sen. Elizabeth Warren demands that Wells Fargo CEO Timothy Sloan be fired for his role in allowing the bank's fake-accounts scandal to occur.
  • Other members of the Senate Banking Committee also pressed Sloan about how the bank could have allowed the sales scandal to get so out of control.
  • "What in God's name were you thinking?" asked Republican Sen. John Kennedy.

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