Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington on July 12, 2017, before the House Financial Services Committee to give the semiannual monetary policy report to the Congress.
Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington on July 12, 2017, before the House Financial Services Committee to give the semiannual monetary policy report to the Congress. Jacquelyn Martin AP
Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington on July 12, 2017, before the House Financial Services Committee to give the semiannual monetary policy report to the Congress. Jacquelyn Martin AP

More fallout for Wells Fargo as Yellen says Fed may take action

September 20, 2017 06:06 PM

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  • Wells Fargo CEO: We should have done more sooner

    Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail banking business," Stumpf said.