That stagecoach logo was always a helpful reminder that Wells Fargo, founded in 1852, is really old. What’s key here is the central role that the protection bureau, created under the Dodd-Frank legislation, played in bringing Wells Fargo to account. As U.S. Treasury Secretary Jack Lew said in a CNBC interview Tuesday, the Wells Fargo debacle “ought to be a moment when people stop and remember how dangerous a system is when you don’t have the proper protections in place.. . The Wells Fargo disaster should have been a key media moment for Clinton to reassert her potential role as consumer protector in chief. What was Wells Fargo fully up to?
Source: thestar September 13, 2016 19:52 UTC