October 03, 2017

Boston.com: Elizabeth Warren tells the new Wells Fargo CEO he should be fired, too

"At best, you were incompetent. At worst, you were complicit."

You may recall the prominent role Sen. Elizabeth Warren played last year shining a light on Wells Fargo's fake account scandal, which resulted in the resignation of the banking giant's CEO, John Stumpf.

Shortly after Stumpf's resignation, Wells Fargo appointed Tim Sloan, a 30-year veteran at the bank, as their new CEO. And following in his predecessor's footstep, Sloan made the trip to Capitol Hill on Tuesday to face more ruthless questions from the Senate banking committee - Warren included - about Wells Fargo's still-unfolding scandal.


"Mr. Sloan, you say you've been making changes at Wells Fargo for 30 years, but you enabled this fake account scam, you got rich off it, and then you tried to cover it up," said the Massachusetts senator.

"At best, you were incompetent," she continued. "At worst, you were complicit. And either way, you should be fired."

Read more on the Boston.com website here.