Trump's tariff threats spark new fears of 'Sell America' trade - POLITICO

"The narrative just won't go away," said Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute. Foreign investors flooded back into U.S. assets as tensions eased during the latter half of 2025, but now "they're hedging because they're not sure what Trump is going to do with tariffs next."…

https://www.politico.com/news/2026/01/20/trumps-tariff-threats-spark-new-fears-of-sell-america-trade-00736714 

 

Key House committee obtains subpoenaed Trump financial documents from two banks: report - The Hill

The House Financial Services Committee has obtained documents from two financial institutions relating to their dealings with the Trump Organization....
https://thehill.com/homenews/house/445143-key-house-committee-obtains-subpoenaed-trump-financial-documents-from-two

Trump administration hid report revealing Wells Fargo charged high fees to students - POLITICO

The report raises questions about whether campus accounts with high fees comply with Education Department rules. ....
https://www.politico.com/story/2018/12/10/student-loan-fees-wells-fargo-1021129

Cash Bail, Glucksburg and More (Opening Arguments podcast OA210)

Today’s episode takes two deep dives: first, into California SB10, which eliminates the “cash bail” system of pretrial detention in California, and second, into the Supreme Court’s 1997 decision in Washington v. Glucksberg. What does it all mean? You’ll have to listen to know for sure!

We begin, however, with an update on Wells Fargo’s $1 billion remediation plan first discussed in Episode 169.

After that, we tackle California SB10, which is now law — even though it won’t go into effect until October of 2019. Is this a good or a bad thing? Would it change your mind to learn that the ACLU flip-flopped on this bill? Listen and find out!

From there, we move into an in-depth analysis of Glucksburg and what it means for the future of the Supreme Court.

Then, we give you a little retroactive speculation regarding the possiblity that Paul Manafort might plead guilty. Yes, it’s a living record of the fact that we record on Thursdays — but we think you’ll like the analysis anyway.

Finally, we end with Thomas Takes the Bar Exam Question #93 regarding double jeopardy. Remember to follow our Twitter feed (@Openargs) and like our Facebook Page so that you too can play along with #TTTBE!
Interview:
https://openargs.com/oa210-cash-bail-glucksburg-and-more/

Wells Fargo Goes to Jail? (Opening Arguments podcast OA169)

Today’s episode discusses the recent fines levied against Wells Fargo in connection with two specific acts of egregious fraud against consumers. Is it enough?

Is it proof that Trump (and Mick Mulvaney) intend rigorous defense of consumers at the CFPB? Listen and find out!

First, we delve into a grab bag of items, beginning with a heartfelt apology and Andrew Was Wrong regarding trans language. Next, we deal with a couple of wacky legal cases, before settling in on a bevy of new gun control laws passed in Maryland. Phew!

Then, we move into a discussion of Trump v. Hawaii, which was argued before the Supreme Court last week. What’s the latest on the Travel Ban?

After that, our “C” segment breaks down everything Wells Fargo.

Finally, we end with the answer to Thomas Takes the Bar Exam Question #73 about lessees, assignees, and joint and several liability. Don’t forget to follow our Twitter feed (@Openargs) and like our Facebook Page so that you too can play along with #TTTBE!
Interview:
https://openargs.com/oa169-wells-fargo-goes-to-jail/

The Federal Reserve cracks down on Wells Fargo over scandal involving sham accounts -- The Washington Post

The action comes on Janet L. Yellen's last day as Federal Reserve chair: 'We cannot tolerate pervasive and persistent misconduct at any bank.' ....
https://www.washingtonpost.com/news/business/wp/2018/02/02/federal-reserve-orders-wells-fargo-to-halt-growth-oust-four-board-members-after/

Wells Fargo cheated millions of customers. The Republican tax bill is about to hand it a big win. -- Vox

In 2018, Wells Fargo could get the best tax deal of all the big banks. ....
https://www.vox.com/policy-and-politics/2017/12/19/16795540/wells-fargo-republican-tax-bill

Navajo Nation sues Wells Fargo in fake-account scandal - NBC News

The Navajo Nation has accused Wells Fargo & Co. of coercing vulnerable members of the tribe into opening accounts they didn't need as part of an aggressive sales campaign for which it has already agreed to pay tens of millions of dollars in penalties and settlements.

 In a 55-page lawsuit filed Tuesday in U.S. District Court in Albuquerque, New Mexico, the tribe — whose lands in Arizona, Utah and New Mexico are home to five Wells Fargo branches — accused the bank of targeting minors, the elderly and members who speak limited English for high-pressure pitches to sign up for unneeded accounts.
https://www.nbcnews.com/business/business-news/navajo-nation-sues-wells-fargo-fake-account-scandal-n829571

Here’s Another Way Wells Fargo Took Advantage Of Customers

Four former employees say that Wells Fargo made clients in its Los Angeles region pay for missing deadlines to lock in interest rates on loans, even though the delays were the bank’s fault....
https://www.propublica.org/article/heres-another-way-wells-fargo-took-advantage-of-customers

Wells Fargo asks U.S. court to dismiss account scandal lawsuit

Wells Fargo & Co (WFC.N) has asked a U.S. court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. The motion, filed in the U.S. District Court in Utah on Wednesday, is in response to the first class action lawsuit filed against Wells since it agreed to pay $185 million in penalties and $5 million to customers for opening up to 2 million deposit and credit-card accounts in their names without their permission....
http://www.reuters.com/article/us-wellsfargo-accounts-lawsuit-idUSKBN13J1WX

Wells Fargo Troubles Mount With Penalty for Soldiers’ Loans

Wells Fargo & Co., reeling from weeks of pummeling over fraudulent customer accounts, was sanctioned by the Justice Department over improperly repossessing cars owned by members of the military.

Federal authorities are punishing the San Francisco-based lender for as many as 413 alleged violations of the Servicemembers Civil Relief Act, according to a statement Thursday from the Justice Department, which said the bank agreed to pay more than $4 million to compensate borrowers involved in unlawful repossessions spread over seven years. The bank’s regulator, the Office of the Comptroller of the Currency, also fined the company $20 million for a decade of transgressions, the agency said in a statement....
http://www.bloomberg.com/news/articles/2016-09-29/wells-fargo-troubles-mount-with-penalty-for-soldiers-car-loans

Elizabeth Warren Rips Wells Fargo's CEO A New One

Any fans of big banks out there? Then this story is going to enrage you....
https://www.youtube.com/watch?v=SQ4EDwcfjt8&feature=youtu.be

Wells Fargo Scandal Is Just The Tip of the Iceberg For Corporate Corruption

This week Wells Fargo CEO John Stumpf was questioned by the U.S. Senate banking committee about a scandal in which Wells Fargo employees opened roughly 2 million checking and credit accounts without customers' knowledge. Sam Seder explains the scandal with the author of the book, The Best Way To Rob A Bank Is To Own One, Professor William Black....
https://www.youtube.com/watch?v=1Pt9LJFPmHQ&feature=youtu.be
Interview:

'You Should Resign': Watch Sen. Elizabeth Warren Grill Wells Fargo CEO John Stumpf

Facing off with the CEO whose massive bank appropriated customers' information to create millions of bogus accounts, Sen. Elizabeth Warren, D-Mass., had sharp questions Tuesday for Wells Fargo CEO John Stumpf. She said Stumpf made millions of dollars in the "scam," telling him, "You should resign ... and you should be criminally investigated."

As we've reported before, Wells Fargo is paying $185 million in penalties for acts that date to at least to 2011. The firm says it fired some 5,300 employees who were found to have created false accounts as it sought to increase "cross-selling" — building the number of accounts each customer holds.

The exchanges between Warren and Stumpf were among the sharpest, but other senators also pressed the executive about what have become hot topics as public outrage has grown over the case. Here's some of what panel Chairman Sen. Richard Shelby, R-Ala., and others wanted to know:...
http://www.npr.org/sections/thetwo-way/2016/09/20/494738797/you-should-resign-watch-sen-elizabeth-warren-grill-wells-fargo-ceo-john-stumpf?ft=nprml&f=1001