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October 03, 2017

Banking Giant Still Has a Scam Factory Blueprint, Democrats Warn, As Wells Fargo CEO Appears Before Senate

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Wells Fargo claims to have changed after its fake accounts scandal made headlines last year, but the bank still seems poised to rip off customers and workers, Senate Democrats said on Tuesday. At a hearing before the Senate Banking Committee, they questioned the integrity of Wells executives and said the framework is still there for the bank to continue to push the boundaries of legality and ethics. “The Federal Reserve should remove all of the current board members who served during the fake accounts scam,”…

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DHS Official: “Rational” Bill Includes Pathway to Citizenship for Dreamers

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In the first oversight hearing focused on the White House’s decision to unwind deportation protections for Dreamers, a Department of Homeland Security official admitted that President Trump would like to see a pathway to citizenship for certain undocumented immigrants. The testimony contradicts prior statements by the President about what should be done for individuals previously covered under the 2012 Deferred Action for Childhood Arrivals (DACA) program, which terminates in fewer than six months. Under questioning in the Senate Judiciary Committee from Sen. John Kennedy (R-La.),…

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