Political Quotes

Maxine Waters: “Wells Fargo has opened 3.5 million fraudulent accounts in their customers' names, which cost consumers over $6 million.”

On the recordMarch 9, 2020
Wells Fargo has opened 3.5 million fraudulent accounts in their customers' names, which cost consumers over $6 million.
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Highlighting the scale of fraudulent activities by Wells Fargo.

Share

More from Maxine Waters

Jun 23, 2026

This is an important step forward, not the final destination. I look forward to continuing my work to lower housing costs, address homelessness, expand affordable housing, and ensure every family has access to a safe and stable place to…

cbsnews.com
Dec 10, 2025

I encourage all Members to vote ``yes'' on Ms. Garcia's amendment to strengthen the Bank Secrecy Act and anti-money laundering requirements for foreign investment advisers. This reasonable and well-considered provision will ensure…

govinfo.gov
May 19, 2026

Mr. Speaker, this is a good bill that will help community banks. The bill is supported by the National Bankers Association and the Community Development Bankers Association, and I am very pleased to support it. As we have discussed, there…

govinfo.gov
Jun 22, 2026

While no compromise is perfect, this legislation reflects meaningful progress and incorporates over 50 housing and banking provisions which Democrats fought to secure, but our work is far from done.

dailycaller.com

Other voices in this conversation