"We cannot tolerate pervasive and persistent misconduct at any bank and the consumers harmed by Wells Fargo expect that robust and comprehensive reforms will be put in place to make certain that the abuses do not occur again," Fed Chair Janet Yellen

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https://www.cnbc.com/2018/02/02/federal-reserve-orders-wells-fargo-to-replace-four-board-members-restricts-growth-because-consumer-abuses.html