the dow plunged 500 points. this is unbelievable. ftc going after elon musk for communications with journalists. on the biden administration s effort to censor americans online. a minnesota vikings player being praised for helping rescue a man from a fiery crash wide receiver k.j. osborn. uber driver noticed the crash and they managed to free the driver. got high, high hopes. steve: another one of those beautiful red, white and blue in the district of columbia. it s absolutely clear, about 50-mile visibility. currently they have got 33 degrees in the federal city and they re going for a daytime high of 52. and sunrise for our nation s capital is 6:30. although ainsley people would say people are in the dark there all the time. ainsley: that s exactly right. if you are heading out and you are in washington this morning. bundle up. 33 is pretty cold. steve: it is, indeed. here in new york city we will go down to brian in tampa. ainsley: much warmer. s
Customers for prepaying their car loans Car Insurance scandal Life Insurance can the whereby they overcharge customers for that and of all scandals even most recently a hundred Million Dollars settlement where they were found to have but overcharging veterans for mortgage refinancing under if you cant do anything like kick the veterans boy what a horrible thing so whats the fed going to do with regard to their assets or and so the Federal Reserve sanction is a very extraordinary one basically the Federal Reserve will be preventing wells fargo from increasing their assets beyond what they were at the end of the twenty seven thousand calendar year at twenty seventeen their assets that about one point nine trillion dollars and so until lot of wells fargo meets certain Federal Reserve. Mandates regarding Risk Management and a change in their management culture they will not be permitted to grow their assets size beyond that they also have to replace for Board Members so thats why you shoul
Should be fired. Well fargo officials testified to tepid measures to address concerns but later there was even more trouble now the u. S. Federal reserve has waited taking an action which one commenter said is putting the fear of god in bank board rooms here discusses eric reimer a former f. C. C. Official and policy commentator eric thank you for being with us first of all tell us what you make of their entire sort of nefarious actions give our viewers what wells fargo has done over the last three years to put them in this problematic circumstance and its a very multifaceted problem basically it back in september two thousand and sixteen. The o. C. C. And the boss and so the attorney revealed that wells fargo for about a decade had been encouraging or at least facilitating its a sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially disallowed wells fargo to
A decade had been encouraging or at least assailed hitting its sales reps to create millions of fake accounts primarily checking accounts saving accounts credit cards for their customers that were not authorized by their customers and essentially this allows wells fargo to reach sales quotas to drive increased fees and to basically bolster their bottom line that the expense of their customers it also goes on top of several other scandals the past few years that wells fargo has faced a rating from the car loan scandal whereby they did not give the rebates to customers for prepaying their car loans Car Insurance scandal Life Insurance can the whereby they overcharge customers for that and of all scandals even most recently a hundred Million Dollars settlement where they were found to have but overcharging veterans for mortgage refinancing under if you cant do anything like kick the veterans boy what a horrible thing so whats the fed going to do with regard to their assets or and so the f
That reduction in greenhouse pollution would have the same effect as taking nine hundred fifty thousand cars off the road methane is twenty five times more powerful than Carbon Dioxide as a Greenhouse Gas and about a third of all u. S. Methane emissions are caused by oil and gas operations interior first two attempts to repeal face continued Court Challenges the latest attempt will be subject to a sixty day Comment Period after publication in what is called the federal register where we can all read about it. And stock markets in asia rallied today as some sense of stability returned after last weeks market meltdown while tokyo hong kong and shanghai led a strong advance across asia investors continued to be anxious especially head of key u. S. Inflation data to be released wednesday some of the some of those concerned that such data could spark further volatile market moves almost anything could european stocks have seen a robust recovery also following the worst week in two years bri