At least not anytime soon. At a Federal Reserve Press Conference in Washington this week, Yellen, indicated that “Just because a corporation is large”, well, we all know what comes after that. In her speech, Yellen, further stated that “stuff like this is challenging” rather than indicating that she would go after John Stumpf for financial fraud both from a personal and business perspective.
Wells Fargo has found itself in the midst of intensifying scrutiny this week after even more reports surfaced of unethical behavior regarding fake accounts, and, how more than 5,000 employees were wrongfully fired when they tried to do the right thing.