November 04, 2016

NPR: Senators Investigate Reports Wells Fargo Punished Workers

Elizabeth Warren and two other U.S. senators are demanding answers from Wells Fargo about reports of retribution by bank managers against would-be whistleblowers. This marks the latest development in the ongoing consumer banking scandal engulfing the banking giant.

In a letter to Wells Fargo's new CEO, Timothy Sloan, Warren, D-Mass., and Sens. Robert Menendez, D-N.J., and Ron Wyden, D-Ore., say the bank may have "misled regulators about the scope of the fraud."

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