8chan/8kun QResearch Posts (8)
#8377263 at 2020-03-11 15:52:23 (UTC+1)
Q Research General #10724: Wednesday BOOMS Abound Edition
Ex-Wells Fargo CEO referred to DOJ for alleged false statements to Congress
House Financial Services Chairwoman Maxine Waters asks feds to take 'appropriate' action
House Financial Services Chairwoman Maxine Waters referred former Wells Fargo CEO Timothy Sloan to the Department of Justice, claiming that Sloan made false statements to Congress in testimony last year.
Waters asked the DOJ to review Sloan's March 2019 testimony and take "appropriate" action. At the time, he testified that the bank was in compliance with consent orders with the government in the wake of a sales scandal.
Sloan stepped down from his post and retired last June.
Chair Elizabeth Duke and board member James Quigley both resigned effective Sunday after a congressional report, released last week, accused Wells Fargo of not living up to the terms of settlements in its sales scandal.
The bank has admitted that unrealistic sales goals led to millions of accounts being opened without customers' knowledge or under false pretenses.
Newly instated CEO Charles Scharf on Tuesday blamed the company's alleged consumer abuses on a "broken" culture and acknowledged the bank needs to do more to address its shortcomings.
Duke and Quigley said they worked to change the bank's culture and processes once they learned about consumers being taken advantage of.
"We believe that our decision will facilitate the bank's and the new CEO's ability to turn the page and avoid distraction that could impede the bank's future progress," Duke and Quigley said in a statement.
Former Bank of America chief financial officer Charles Noski was named the new board chair.
https://www.foxbusiness.com/markets/ex-wells-fargo-ceo-doj-referral
#8358689 at 2020-03-09 18:14:59 (UTC+1)
Q Research General #10701: (You) Can Run, But (You) Can't Hide ~ Silent Running Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
10700
>>8357972, >>8357988 >Silent running (submarine) related to Qpost >>8357903
>>8358054 Preet BhararaTwat : Those Who Scream the Loudest
>>8358389, >>8358367 President Trump departs Florida to return to Washington
>>8358376 Govs, Big Tech Team Up Against Online Child Secual Exploitation: "Phoenix 11"
>>8358377 Foreign diplomats fly out of Pyongyang to Vladivostok
>>8358378 Jack Dorsey strikes deal to remain CEO of Twitter
>>8358382 Ex-Turkish deputy PM forms new party to oppose an increasingly belligerent Erdogan
>>8358398 Joe Biden Already Choosing Cabinet Pick; Kerry, Rice Return (Breitbart)
>>8358407 Turkey on Migrant Wave: European Govts Will Fall, Stock Markets Will Collapse (Breitbart)
>>8358451, >>8358096 Could Drone Swarms Really Wipe Out All Submarines
>>8358509, >>8358562 Mexican man, 49, arrested smuggling half a million dollars worth of drugs, including 5.3 pounds of fentanyl - enough to kill at least 1.2 million people
>>8358564 Moar on Saudi Purge: At least 20 princes detained in mass purge by Saudi crown prince
>>8358609 Biden's brother facing fraud allegations, used family ties to advance business interests
>>8358557 Market Updates
>>8358361 Corona Virus Updates
>>8358345 Planefag reports
>>8358639 #10700
#10699 Baker Change
>>8357205 (Jan 2020), >>8357644, >>8357763 Israel says citizens being arrested across Europe while trying to smuggle khat
>>8357210 Israel: Gantz tells Joint List chiefs he wants government serving both Jews and Arabs
>>8357216 They Didn't Test Anybody at the Elderly Faciltity in Washington
>>8357221 White Pride Fake Vandalism Arrest
>>8357292, >>8357308 New POTUS Twat: Prev Admin Most Corrupt in History of our Country!
>>8357367 California Gov. Gavin Newsom reports $1.2 million income in 2018
>>8357410 Corey Feldman's Documentary Airs Tonight
>>8357439, >>8357469 Jury in CIA leaks case fails to reach a verdict on most serious charges
>>8357463 Meme Ammo Updated: Current Focus POTUS Successes & Redpills for Lefties
>>8357467 Explosions interrupt Afghan president's swearing-in
>>8357485 Fake News on POTUS Exposure to Corona Virus
>>8357509, >>8357541, >>8357789 Evergreen Diggs
>>8357701 Tehran sends home 70,000 prisoners to mitigate coronavirus outbreak
>>8357725 Chaos at San Vittore prison in Milan. Inmates riot over Covid-19 precautions
>>8357735 Fitton Says Schumer should be under scrutiny,Hillary to go under oath
>>8357747 Prince Andrew has 'shut the door' on cooperating in Epstein probe, prosecutor says
>>8357823 Major Q's re: Joe Biden's Brother After FBI Raid/Legal Filings (Politico)
>>8357831 Fake News on POTUS Sharing Q Message
>>8357838 NBCUniversal Quiietly Sold $500M Stake in Snapchat
>>8357846 Some S&B/Vanderbilt railroad connections
>>8357848 Statistics of US funds distributed thru just the USAID agency of the US STate Department
>>8357201, >>8357268, >>8357559, >>8357567 (2018), >>8357616, >>8357647 Market Updates
>>8357168, >>8357177, >>8357190, >>8357216, >>8357218, >>8357253, >>8357348, >>8357412, >>8357436, >>8357443, >>8357451, >>8357490, >>8357590, >>8357596, >>8357699, >>8357815, >>8357821, >>8357839 Corona Virus COVID-19 Updates
>>8357245, >>8357316, >>8357543 Planefag Reports
>>8357883 #10699
#10698
>>8356381, >>8356394 Max von Sydow dead at 90
>>8356430, >>8356502, >>8356566, >>8356621 March 9th post 2019. Snowden coming home, soon?
>>8356637, >>8356637, >>8356696 Marker [9] digs. Indictments soon?
>>8356471, >>8356554, >>8356619, >>8356684, >>8356685, >>8356879, >>8356858 Stocks Markets reacting, Robinhood issues, and a reminder from X22
>>8356402 Twitter seeking investors (other bread link)
>>8356458 (other bread link), Kentucky now reporting 4 cases of "muh corumbah"
>>8356480, >>8356487, >>8356906, >>8356900 President Trump tweeting about Gas Prices, Coronavirus Task Force
>>8356843, >>8356973 SDNY posting about Horse racing indictments
>>8356963, >>8356968 President Trump reminding people Coronavirus not near as bad as flu
>>8356948 (other bread link) Congressional Immunity PSA for anons
>>8357041 Wells Fargo Chairman Elizabeth Duke Resigns. Board member James Quigley also quits, ahead of Congressional hearing this week
>>8357135, 10698
Previously Collected Notables
>>8356106 #10697
>>8352987 #10693, >>8354863 #10694, >>8354525 #10695, >>8355254 #10696
>>8350617 #10690, >>8351389 #10691, >>8354767 #10691, >>8352204 #10692
>>8347480 #10686, >>8348247 #10687, >>8349015 #10688, >>8349780 #10689
>>8344390 #10682, >>8345175 #10683, >>8345929 #10684, >>8346705 #10685
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8357958 at 2020-03-09 17:10:44 (UTC+1)
Q Research General #10700: No Reason to Panic: Ready, Willing, and Able Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10699 Baker Change
>>8357205 (Jan 2020), >>8357644, >>8357763 Israel says citizens being arrested across Europe while trying to smuggle khat
>>8357210 Israel: Gantz tells Joint List chiefs he wants government serving both Jews and Arabs
>>8357216 They Didn't Test Anybody at the Elderly Faciltity in Washington
>>8357221 White Pride Fake Vandalism Arrest
>>8357292, >>8357308 New POTUS Twat: Prev Admin Most Corrupt in History of our Country!
>>8357367 California Gov. Gavin Newsom reports $1.2 million income in 2018
>>8357410 Corey Feldman's Documentary Airs Tonight
>>8357439, >>8357469 Jury in CIA leaks case fails to reach a verdict on most serious charges
>>8357463 Meme Ammo Updated: Current Focus POTUS Successes & Redpills for Lefties
>>8357467 Explosions interrupt Afghan president's swearing-in
>>8357485 Fake News on POTUS Exposure to Corona Virus
>>8357509, >>8357541, >>8357789 Evergreen Diggs
>>8357701 Tehran sends home 70,000 prisoners to mitigate coronavirus outbreak
>>8357725 Chaos at San Vittore prison in Milan. Inmates riot over Covid-19 precautions
>>8357735 Fitton Says Schumer should be under scrutiny,Hillary to go under oath
>>8357747 Prince Andrew has 'shut the door' on cooperating in Epstein probe, prosecutor says
>>8357823 Major Q's re: Joe Biden's Brother After FBI Raid/Legal Filings (Politico)
>>8357831 Fake News on POTUS Sharing Q Message
>>8357838 NBCUniversal Quiietly Sold $500M Stake in Snapchat
>>8357846 Some S&B/Vanderbilt railroad connections
>>8357848 Statistics of US funds distributed thru just the USAID agency of the US STate Department
>>8357201, >>8357268, >>8357559, >>8357567 (2018), >>8357616, >>8357647 Market Updates
>>8357168, >>8357177, >>8357190, >>8357216, >>8357218, >>8357253, >>8357348, >>8357412, >>8357436, >>8357443, >>8357451, >>8357490, >>8357590, >>8357596, >>8357699, >>8357815, >>8357821, >>8357839 Corona Virus COVID-19 Updates
>>8357245, >>8357316, >>8357543 Planefag Reports
>>8357883 #10699
#10698
>>8356381, >>8356394 Max von Sydow dead at 90
>>8356430, >>8356502, >>8356566, >>8356621 March 9th post 2019. Snowden coming home, soon?
>>8356637, >>8356637, >>8356696 Marker [9] digs. Indictments soon?
>>8356471, >>8356554, >>8356619, >>8356684, >>8356685, >>8356879, >>8356858 Stocks Markets reacting, Robinhood issues, and a reminder from X22
>>8356402 Twitter seeking investors (other bread link)
>>8356458 (other bread link), Kentucky now reporting 4 cases of "muh corumbah"
>>8356480, >>8356487, >>8356906, >>8356900 President Trump tweeting about Gas Prices, Coronavirus Task Force
>>8356843, >>8356973 SDNY posting about Horse racing indictments
>>8356963, >>8356968 President Trump reminding people Coronavirus not near as bad as flu
>>8356948 (other bread link) Congressional Immunity PSA for anons
>>8357041 Wells Fargo Chairman Elizabeth Duke Resigns. Board member James Quigley also quits, ahead of Congressional hearing this week
>>8357135, 10698
#10697
>>8355606 Sudanese President survives assassination attempt
>>8355562 Dutch East India Company - Game 4X
>>8355547, >>8355580, >>8355760, >>8355799 German stock market index fell 8% within seconds
>>8355471, >>8355624 Saudi Arabia/Russia agreement collapses - Global oil shares plunge after price crashes
>>8355452, >>8355602, >>8355591, >>8355616, >>8355788, >>8355842, >>8355903, >>8356033 Muh Corona
New Baker @250
>>8355804, >>8355944, >>8355961, >>8355965, >>8355971, >>8355985, >>8356009, >>8356019,
>>8356025, >>8356031, >>8356040, >>8356047, >>8356094 President Trump's Tweets/News
>>8355676 israeli School for Syrian Refugee Children in Greece Burns Down, Arson Suspected
>>8355739 Tracking Geffen WW 24/7 monitored
>>8355781 US MIL Tweets/News
>>8355642, >>8355774, >>8355810 Weinstein locked up forever, news from Riker's Island
>>8355836 It is time for President XI to go
>>8355860 Financefag Reports
>>8355606 Sudanese PM survives assassination attempt
>>8355947, >>8355950, >>8355956 Stuart Siddell Dig continued
>>8356002 Q is talking about the day after the time change in these posts.
>>8354653, >>8354636, >>8354684 Biden video was NOT manipulated . Twitter lies and assigns manipulated video tag
>>8356106, 10697
Previously Collected Notables
>>8352987 #10693, >>8354863 #10694, >>8354525 #10695, >>8355254 #10696
>>8350617 #10690, >>8351389 #10691, >>8354767 #10691, >>8352204 #10692
>>8347480 #10686, >>8348247 #10687, >>8349015 #10688, >>8349780 #10689
>>8344390 #10682, >>8345175 #10683, >>8345929 #10684, >>8346705 #10685
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8357158 at 2020-03-09 15:19:43 (UTC+1)
Q Research General #10699: Panicking Markets Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10698
>>8356381, >>8356394 Max von Sydow dead at 90
>>8356430, >>8356502, >>8356566, >>8356621 March 9th post 2019. Snowden coming home, soon?
>>8356637, >>8356637, >>8356696 Marker [9] digs. Indictments soon?
>>8356471, >>8356554, >>8356619, >>8356684, >>8356685, >>8356879, >>8356858 Stocks Markets reacting, Robinhood issues, and a reminder from X22
>>8356402 Twitter seeking investors (other bread link)
>>8356458 (other bread link), Kentucky now reporting 4 cases of "muh corumbah"
>>8356480, >>8356487, >>8356906, >>8356900 President Trump tweeting about Gas Prices, Coronavirus Task Force
>>8356843, >>8356973 SDNY posting about Horse racing indictments
>>8356963, >>8356968 President Trump reminding people Coronavirus not near as bad as flu
>>8356948 (other bread link) Congressional Immunity PSA for anons
>>8357041 Wells Fargo Chairman Elizabeth Duke Resigns. Board member James Quigley also quits, ahead of Congressional hearing this week
>>8357135, 10698
#10697
>>8355606 Sudanese President survives assassination attempt
>>8355562 Dutch East India Company - Game 4X
>>8355547, >>8355580, >>8355760, >>8355799 German stock market index fell 8% within seconds
>>8355471, >>8355624 Saudi Arabia/Russia agreement collapses - Global oil shares plunge after price crashes
>>8355452, >>8355602, >>8355591, >>8355616, >>8355788, >>8355842, >>8355903, >>8356033 Muh Corona
New Baker @250
>>8355804, >>8355944, >>8355961, >>8355965, >>8355971, >>8355985, >>8356009, >>8356019,
>>8356025, >>8356031, >>8356040, >>8356047, >>8356094 President Trump's Tweets/News
>>8355676 israeli School for Syrian Refugee Children in Greece Burns Down, Arson Suspected
>>8355739 Tracking Geffen WW 24/7 monitored
>>8355781 US MIL Tweets/News
>>8355642, >>8355774, >>8355810 Weinstein locked up forever, news from Riker's Island
>>8355836 It is time for President XI to go
>>8355860 Financefag Reports
>>8355606 Sudanese PM survives assassination attempt
>>8355947, >>8355950, >>8355956 Stuart Siddell Dig continued
>>8356002 Q is talking about the day after the time change in these posts.
>>8354653, >>8354636, >>8354684 Biden video was NOT manipulated . Twitter lies and assigns manipulated video tag
>>8356106, 10697
#10696
baker change
>>8354594, >>8354642, >>8354911 Jerry Brown threatening POTUS
>>8354636 Scavino RT: Twitter applied a "manipulated media" label (what's next, @jack??)
>>8354653 Dan Scavino: The video was NOT manipulated.
>>8354648, >>8354699 pb, >>8354703, >>8354729, >>8354777, >>8354821, >>8354896 HelicopterFag report (water search?)
>>8354712 NYC firefighters won't respond to non-life threatening calls coz'….corona
>>8354714 Congress getting nervous re corona, want 'protection'
>>8354716, >>8355040, >>8355068 Moar Corona reports
>>8354720, >>8354775, >>8354789, >>8354792 USGS budget proposal
>>8354812 New DJT: There are no mixed messages, only political weaponization by people like you and your brother, Fredo!
>>8354819 Anon review of Horn's book "Shadowland" (on Epstein Island)
>>8354826, >>8354856 Planefag on border patrol plan in Gulf of Panama; >>8354931 more reports
>>8354839 Shoutout to boatfag who tracks ships from China (they are not quarantined)
>>8354860, >>8354946, >>8355059 Evergreen Cemetery DIG, con't.
>>8354880, >>8354902, >>8355064 Phillip Haney interview "See Something, Say Nothing" (11-1-16); plus vid notable bun
>>8354963, >>8354978 PapaD: Big week ahead for the country! Spygate info dropping.
>>8355009 Digg Wm Walters & Ian Brownlee (md's who countermanded POTUS' corona instructions)
>>8355051 2ne GOP lawmaker (Gosar) self-quarantines after exposure to corona patient
>>8355065 POTUS Press re DOJ on judge who questioned Barr's handling of Mueller
>>8355076, >>8355078, >>8355080 Resignations in the new 3/6 - 3/8
>>8355117 Scavino tweet & Q 896 - 2yr delta
>>8355131 CA Primary Reveals Bad News For Pelosi. GOP Could Win House Back (pray anons….)
>>8355146 World Bank launches $500mil in pandemic bonds to finance emergency financing facility
>>8355181 Yes Bank founder Rana Kapoor arrested after raid/interrogation
>>8355137 WHO Director Gen'l Dr. Tedros Adhanom Ghebreyesus' association w/Clinton Foundation
>>8355254 #10696
Previously Collected Notables
>>8352987 #10693, >>8354863 #10694, >>8354525 #10695
>>8350617 #10690, >>8351389 #10691, >>8354767 #10691, >>8352204 #10692
>>8347480 #10686, >>8348247 #10687, >>8349015 #10688, >>8349780 #10689
>>8344390 #10682, >>8345175 #10683, >>8345929 #10684, >>8346705 #10685
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8357135 at 2020-03-09 15:13:49 (UTC+1)
Q Research General #10698: March 9th Morning Bake Edition
Final Notables
Anons,
If you have notables, save them for next bread. Also seeking a baker, Next Bread, to take over. Workfagging calls. Thanks for being patient with me!
>>8356381, >>8356394 Max von Sydow dead at 90
>>8356430, >>8356502, >>8356566, >>8356621 March 9th post 2019. Snowden coming home, soon?
>>8356637, >>8356637, >>8356696 Marker [9] digs. Indictments soon?
>>8356471, >>8356554, >>8356619, >>8356684, >>8356685, >>8356879, >>8356858 Stocks Markets reacting, Robinhood issues, and a reminder from X22
>>8356402 Twitter seeking investors (other bread link)
>>8356458 (other bread link), Kentucky now reporting 4 cases of "muh corumbah"
>>8356480, >>8356487, >>8356906, >>8356900 President Trump tweeting about Gas Prices, Coronavirus Task Force
>>8356843, >>8356973 SDNY posting about Horse racing indictments
>>8356963, >>8356968 President Trump reminding people Coronavirus not near as bad as flu
>>8356948 (other bread link) Congressional Immunity PSA for anons
>>8357041 Wells Fargo Chairman Elizabeth Duke Resigns. Board member James Quigley also quits, ahead of Congressional hearing this week
#8357041 at 2020-03-09 15:00:42 (UTC+1)
Q Research General #10698: March 9th Morning Bake Edition
==Wells Fargo Chairman Elizabeth Duke Resigns
Board member James Quigley also quits, ahead of Congressional hearing this week==
March 9, 2020
https://www.wsj.com/articles/wells-fargo-chairman-elizabeth-duke-resigns-11583752271?mod=hp_lead_pos6
#8356202 at 2020-03-09 12:35:20 (UTC+1)
Q Research General #10698: March 9th Morning Bake Edition
>>8356195
>https://www.washingtonpost.com/business/2020/03/09/wells-fargo-board-members-resign-after-scathing-house-report/
Wells Fargo board members resign after scathing House report
Wells Fargo announced Monday that two of its board members, including its chairwoman, Elizabeth A. Duke, have resigned, following a scathing House report found that the bank's leaders were slow to address a series of consumer abuse scandals.
Duke and board member James Quigley were both featured in a more than 100-page report by the House Financial Services Committee that cited thousands of pages of documents, emails and internal notes to conclude the San Francisco-based bank had not properly addressed its problems.
Duke had served on the board since 2016 and was elected chair in January 2018, making her among the highest ranking women in banking. Quigley had been a board member since 2013 and is CEO emeritus at Deloitte, the consulting firm.
Charles H. Noski, the former chief financial officer of Bank of America, will become chair of the company's board.
AD
In 2017, Duke, then vice chair of Wells Fargo's board, questioned why the Consumer Financial Protection Bureau (CFPB) was including her on communications about actions the bank needed to take, according to the report. "Why are you sending it to me, the board, rather than the department manager?" she asked, according to notes taken by a CFPB official that were cited in the report.
A CFPB official later said Duke's response came as a "surprise," given that board members "would not typically object to receiving communication from a regulator," according to the report.
In another exchange, James Quigley, also a board member, resisted attending a meeting with one of the bank's regulators because he was overseas on vacation. "I am currently scheduled to be in the Galápagos Islands on these dates," he said in a 2019 email, according to the report. "The sense of urgency is surprising, are they politically trying to put an enforcement action in place in front of the hearing? "
AD
Rep. Maxine Waters (D-Calif.), chair of the committee, had called on Duke and Quigley to resign last week.
House committee chair calls on two Wells Fargo board members to resign
Duke and Quigley were scheduled to appear before Waters' committee on Wednesday. Their resignations were effective on Sunday.
They said in a statement that their resignations would allow the bank's new CEO, Charles Scharf, to "turn the page" and "avoid distraction that could impede the bank's future progress."
"Out of continued loyalty to Wells Fargo and ongoing commitment to serve our customers and employees, we recommended to our colleagues on the Board that we step down from our leadership roles," the statement said.
Among the country's largest and most profitable banks, Wells Fargo has struggled to overcome a fake-accounts scandal, which ballooned as the bank admitted to other consumer abuses, including mistakenly foreclosing on hundreds of clients and repossessing the cars of thousands of others.
AD
Last month, the bank reached a $3 billion settlement with the Justice Department and the Securities and Exchange Commission, acknowledging that for more than a decade, thousands of employees falsified records, forged signatures and misused customers' personal information to meet unrealistic sales goals, opening millions of accounts consumers didn't want in the process.
Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal
The committee's report threatens to deepen the bank's problems. The report found that the bank repeatedly failed to live up to regulators demands that it repay consumers and weren't aggressive about addressing its cultural problems, despite public promises.
Scharf, the new CEO, is scheduled to appear before the Financial Services Committee on Tuesday, a potential turning point in the bank's efforts to repair its relationship with lawmakers and regulators.
#8326109 at 2020-03-05 19:51:07 (UTC+1)
Q Research General #10659: Pocahontas Out! Edition
Waters calls for resignation of two Wells Fargo directors, floats criminal referral for former CEO
The chairwoman of a powerful House committee on Thursday called for two members of Wells Fargo's board of directors to resign, and said she may refer its former chief executive to the Justice Department for lying under oath to Congress. Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, said Wednesday that Wells Fargo directors Betsy Duke and James Quigley "failed in their responsibilities" to overhaul the scandal-ridden bank. Both are set to testify before the panel next week.
Waters's call comes after her committee released a report Wednesday documenting how Duke, Quigley and senior Wells Fargo leadership repeatedly failed to comply with and take seriously the demands of federal bank regulators.
Waters told reporters that Duke and Quigley's failure to halt abusive and misleading sales practices and bring the bank into compliance with federal settlements was a "dereliction of their duty."
The chairwoman also said she may refer former Wells Fargo chief executive Timothy Sloan to federal prosecutors for allegedly lying to her committee during a March 2019 hearing.
Sloan told the Financial Services panel in March that Wells Fargo was "in compliance" with orders from federal bank regulators - the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) - to detail how it would repay jilted customers and prevent further sales scandals.
Even so, officials at the Federal Reserve, CFPB and OCC repeatedly rejected Wells Fargo's plans, according to emails cited in the report, finding them to be incomplete and insufficient to address the terms of the settlements.
Waters said Thursday she had additional evidence that Sloan may have lied before the Financial Services panel. Witnesses who testify before Congress swear an oath to tell the truth under the penalty of perjury charges.
Republicans on the Financial Services panel are also set to release a report in which they say Sloan "undermined the company's efforts to comply with the terms of the consent orders by failing to create a culture of accountability, resisting recommendations from risk management experts, and focusing on the company's growth and business reputation at the expense of regulatory compliance."
Between 2002 and 2016, Wells Fargo opened and charged customers fees on millions of accounts without their consent or by using misleading sales tactics. Senior Wells Fargo leadership ignored and failed to act on repeated warnings about illegal sales practices for several years, according to federal officials.
https://www.msn.com/en-us/news/politics/waters-calls-for-resignation-of-two-wells-fargo-directors-floats-criminal-referral-for-former-ceo/ar-BB10NnQC