‘You Should Be Fired’: Wells Fargo C.E.O. Faces Blistering Attacks From Senators<br />Since the existence of fake accounts was revealed just over a year ago, other scandals have been uncovered, including instances in which auto insurance customers were charged excess fees<br />and active duty service members had their cars seized.<br />“The changes Mr. Sloan and his team have made are not sufficient to reform a corporate culture<br />that is willing to abuse its customers and employees in an effort to pad its numbers and increase executive compensation,” Mr. Brown said<br />Wells Fargo’s chief executive, Timothy J. Sloan, on Tuesday faced blistering attacks from Republican<br />and Democratic senators, who voiced frustration with his response to a series of scandals that have rocked the bank.<br />Senator Elizabeth Warren, Democrat of Massachusetts, accused Mr. Sloan of promoting<br />an aggressive sales culture that led bankers to create millions of fake accounts.
