I write to urge you not to remove the growth cap the Federal Reserve has imposed on Wells Fargo until the company's Board of Directors replaces CEO Tim Sloan with someone who is not deeply implicated in the bank's repeated and egregious misconduct.In Elizabeth Warren to Fed: Wells Fargo CEO Must Go
I urge you to exercise your legal authority to remove the holdover Wells Fargo Board members. Federal Reserve regulations and guidance impose clear risk-management obligations on the Board — obligations that are quite demanding for a bank as large and complex as Wells Fargo.In 'The Federal Reserve has Done Nothing': Elizabeth Warren Urges the Fed to Clean House at Wells Fargo
Sandra served the Federal Reserve System during an extraordinary period in our country's economic history, helping to steer the Fourth District through the financial crisis of 2008-09, and directing the Bank to focus on both operational excellence and thought leadership.In Prudential Financial, Inc. elects Sandra Pianalto to Board of Directors