September 10, 2021

Brown Statement On CFPB And OCC’s $250 Million Fines Against Wells Fargo

Today, Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs,  released the following statement after the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) announced new fines on Wells Fargo:

“Wells Fargo has yet again demonstrated it is too large to manage, and it can’t be trusted to do right by its customers or its workers.”