1. Rep. Maxine Waters Calls Wells Fargo CEO's $2 Million Bonus Outrageous, Calls for his Removal

    CNBC.com BoardNews
    Rep. Maxine Waters Calls Wells Fargo CEO's $2 Million Bonus Outrageous, Calls for his Removal

    Waters, who grilled Sloan during a four-hour hearing into Wells Fargo's consumer abuse issues on Tuesday, has called for his removal before...

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    1. It is outrageous and wholly inappropriate that the bank has rewarded Mr. Sloan with a $2 million bonus for 2018.
    2. One bank regulator, the Office of the Comptroller of the Currency, said on Tuesday that it with Wells Fargo's efforts on risk management and corporate governance.
    3. It was very clear from Mr. Sloan's testimony that Wells Fargo has failed to clean up its act.

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