Tag: bank regulation

Colbert: Elizabeth Warren Rips Wells Fargo’s CEO Stumpf [VIDEO]

Stephen Colbert detailed the fallout at San Francisco-based bank, Wells Fargo, which accrued $185 million in regulatory fines earlier this month after opening β€œroughly 1.5 million bank accounts and applied for 565,000 credit cards that may not have been authorized by customers,” according to The New York Times. Wells CEO John G. Stumpf testified before…