March 27, 2018

CNBC: Elizabeth Warren wants to grill likely New York Fed president on Wells Fargo oversight

John Williams' cross-country path from the San Francisco to the New York Fed could be a bumpy one.

...

Sen. Elizabeth Warren, a Massachusetts Democrat who has been a staunch banking critic, particularly on issues relating to the Wells Fargo fake account scandal, said she wants a chance to grill Williams before he is appointed.

"Mr. Williams' track record raises several questions, including about his fitness to supervise Wall Street banks given the San Francisco Fed's inadequate supervision of Wells Fargo during its many consumer scandals," Warren said in a statement.

Read the full article on the CNBC website here. 


By:  Jeff Cox
Source: CNBC