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Wells Fargo Advances to Final Step of Clearing Asset Cap Freeze

Summary by News & Record
The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that was established in 2018 in response to the bank’s fraudulent checking account scandal that erupted in September 2016.

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csimarket.com broke the news in on Thursday, May 29, 2025.
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