Elizabeth Warren wants the Fed to break up Wells Fargo
CNN
Democratic Senator Elizabeth Warren is calling on the Federal Reserve to break up Wells Fargo following years of scandal at America's most troubled big bank.
The push from Warren marks an escalation in her long-running campaign to hold Wells Fargo (WFC) accountable for ripping off customers.
"Every single day that Wells Fargo continues to maintain these depository accounts is a day that millions of customers remain at risk of additional negligence and willful fraud," Warren wrote in a letter sent to Federal Reserve Chair Jerome Powell on Monday. The New York Times first reported the letter.
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