Political Quotes

Nydia Velázquez: “So, sir, as we have been discussing, and you are the third CEO to come before this committee, Wells Fargo's failure to…”

On the recordMarch 9, 2020
So, sir, as we have been discussing, and you are the third CEO to come before this committee, Wells Fargo's failure to comply with the Fed's 2018 consent order derives from a culture that is focused on profits instead of risk management.
Said by
Nydia Velázquez
Democratic · New York

Editor's note · Context

Velazquez highlights Wells Fargo's profit-driven culture over risk management.

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