×

Politics Carolyn Maloney

  • NEW YORK, Oct 12- Wells Fargo& Co's veteran chairman and chief executive officer, John Stumpf abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco- based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by...

  • WASHINGTON/ NEW YORK, Sept 29- U.S. lawmakers called on Thursday for Wells Fargo& Co chief John Stumpf to resign and a top House Democrat demanded the bank be broken up because it is too big to manage. Wells Fargo staff opened checking, savings and credit card accounts without customer say-so for years to satisfy managers' demand for new business, according to a $190...

  • WASHINGTON/ NEW YORK, Sept 29- U.S. lawmakers called for Wells Fargo& Co chief John Stumpf to resign on Thursday and a top House Democrat demanded the bank be broken because it is too big to manage. Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked his handling of sales abuses and said the bank...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co chief John Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked him for the handling of sales abuses and said the bank has damaged customer trust as well as the broader banking system. Representative Mick Mulvaney, a South Carolina Republican,...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf on Thursday offered Capitol Hill lawmakers a series of actions to fix widespread sales abuses but remained defensive on issues like consumer lawsuits, the weakness of an internal investigation and his sale of Wells Fargo shares. Jeb Hensarling, the Republican chairman of the...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf returned to Capitol Hill on Thursday offering a package of actions to fix widespread sales abuses that have exploded into a scandal in Washington and on Wall Street. Stumpf, who again faced tough questioning, told House of Representatives lawmakers that Wells Fargo will eliminate...

  • WASHINGTON, Sept 13- A U.S. House of Representatives panel on Tuesday approved a proposal to revamp the Dodd-Frank Wall Street reform law, after a hearing where lawmakers verbally tussled over rules enacted in the aftermath of the 2007-09 financial crisis. The 2010 Dodd-Frank law, passed in the wake of the financial crisis, has drawn the ire of most banks and...

  • Maloney on Comey testimony

    Rep. Carolyn Maloney (D-STATE) discusses FBI Director James Comey's testimony in front of Congress about Clinton's email server.

  • Donald Kohn, former vice chairman of the U.S. Federal Reserve

    President Obama pushed back against criticism of his former economic adviser Lawrence Summers, who is seen as a leading candidate to become the new chairman of the Federal Reserve.