WASHINGTON — Wells Fargo’s CEO faced withering criticism from a Senate panel Tuesday for the bank’s handling of a 2016 scandal after it created millions of fake accounts in customers’ names.
“At best, you’re incompetent; at worst, you were complicit,” said Sen. Elizabeth Warren, D-Mass. “Either way, you should be fired.”
“What in God’s name were you thinking?” demanded Sen. John Kennedy, R-La.
Sen. Sherrod Brown of Ohio, the ranking Democrat on the panel, said Wells Fargo “went to great lengths to bury this scandal.”Sherrod Brown pushes Wells Fargo CEO in hearing to end forced arbitration »