The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an ...

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...

Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells ...

Elizabeth Warren Pushes Fed to Reinstate Wells Fargo’s Asset Cap By Rebecca Ungarino Share Resize Reprints In this article Continue reading this article with a Barron’s subscription SUBSCRIBE ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

The regulator’s board Tuesday lifted the $1.95 trillion asset cap the bank has operated under since 2018, but certain ...