Bloomberg Law

Wells Fargo Plunges After Fed Growth Ban

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Sinopsis

Robert Hockett, a professor at Cornell University Law School, discusses new restrictions on Wells Fargo after the Federal Reserve banned the bank from growing until it convinces authorities it’s addressing shortcomings. Plus, William Banks, a professor at Syracuse University Law School, discusses the so-called Nunes memo, which president Trump said over the weekend “totally” vindicated him of any collusion with Russia or obstruction of justice in special counsel Robert Mueller’s investigation. They speak with Bloomberg's June Grasso.