The Traderszone Network

Published in TZ Latest News 22 September, 2016 by The TZ Newswire Staff

Wells CEO Resigns From Fed Advisory Council As Pressure Mounts

With Rep. Hensarling threatening that the Wells Fargo debacle is “only in its 3rd inning,” it appears today’s Labor Department probe was enough to push CEO Stumpf over the edge as pressure mounts for his head. Effective today, John Stumpf has resign his position as the Federal Reserve Bank of San Francisco’s appointee to the Fed’s Federal Advisory Council.

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