The CEO of Wells Fargo may be between a rock and a hard place

A group of plaintiffs in Utah, with the help of some US Senators, have put the executive in a jam. By David Dayen, The Nation Late last year, Congress scrapped Obama-era rules from the Consumer Financial Protection Bureau that would have banned forced arbitration clauses in financial contracts. This bill, which President Trump quickly signed, […]

via David Dayen: The CEO of Wells Fargo Might Be In Big, Big Trouble — Livinglies’s Weblog

The CEO of Wells Fargo, Tim Sloan, may finally have to pay the price for the consequences for his actions. As Heraclitus once said, “Character is destiny.” Hopefully Congress will finally show some spine and hold Tim Sloan in contempt of Congress.