FILE PHOTO: U.S. Senator Elizabeth Warren walks following a Senate Democratic caucus meeting on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Photo By Pete Schroeder ...

Sen. Elizabeth Warren, D-MA, urged Federal Reserve officials, in a letter Tuesday, to reject a plea by Wells Fargo to lift an asset cap that has halted the bank’s growth since 2018.

Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to preserve its $1.95T asset cap on Wells Fargo (NYSE: WFC) until the lender has addressed its risk management and compliance ...

The asset cap at $1.93 trillion has been in place since Feb. 2. It remains the biggest shadow hanging over Wells Fargo’s attempt at resolving its customer account scandal that surfaced in ...

Warren fired off a separate letter to Wells Fargo's board of directors slamming CEO Charlie Scharf and calling for directors to hold executives accountable. Scharf joined Wells Fargo in late 2019.

Investing.com -- Wells Fargo (NYSE:WFC) is nearing the final stages of meeting regulatory requirements to lift the $1.95 trillion asset cap imposed after its fake accounts scandal, Reuters ...

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s Sara Eisen ...

NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake accounts scandal ...

The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S ...

The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S.