Janet Yellen, chair of the Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., on Wednesday. At the hearing, Yellen said the Fed has started a review of the ‘disturbing’ compliance failures at the biggest U.S. banks, after lawmakers pressed her over revelations Wells Fargo employees opened scores of bogus customer accounts.
Janet Yellen, chair of the Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., on Wednesday. At the hearing, Yellen said the Fed has started a review of the ‘disturbing’ compliance failures at the biggest U.S. banks, after lawmakers pressed her over revelations Wells Fargo employees opened scores of bogus customer accounts. Andrew Harrer Bloomberg
Janet Yellen, chair of the Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., on Wednesday. At the hearing, Yellen said the Fed has started a review of the ‘disturbing’ compliance failures at the biggest U.S. banks, after lawmakers pressed her over revelations Wells Fargo employees opened scores of bogus customer accounts. Andrew Harrer Bloomberg

Fed chair says regulator is grilling big banks amid Wells Fargo furor

September 28, 2016 03:00 PM