Tim Sloan, president and chief executive of Wells Fargo, arrives for a House Financial Services Committee hearing on Tuesday. Wells Fargo has shaken up its executive ranks, raised the minimum wage to $15 an hour and given millions to charity, he told them. “Each time a new scandal breaks, Wells Fargo promises to get to the bottom of it. Why should Wells Fargo continue to be the size that it is?” Waters asked. Wells Fargo admits it incorrectly foreclosed on homeowners it should have helped

Source: Washington Post March 12, 2019 16:52 UTC