Come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Holding Wells Fargo Accountable and ceo perspectives for the bank that broke americas trust. I now recognize myself for five minutes with an Opening Statement. Today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. Hes the third wells fargo ceo to testify before this committee and less than three and a half years. I will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. Mr. Charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. Wells fargo has opened 3. 5 million fraudulent accounts with their customers names which ca
Mr. Mchenry you have access of liquidity to get through any crisis you would foresee . Yes, absolutely. Mr. Mchenry in terms of safety and soundness, you are from the harm previous regime, thats positive. In terms of safety and soundness youre management, cleaning up the ship. So our expectations is we should have no problems from you in soundness, ety and is that fair . Mr. Scharf i think its fair work once we finish the we laid out, you should feel that. Mr. Mchenry ok. At employees do you have wells fargo . R. Schaefer i have mr. Scharf 260,000. Mr. Mchenry how many are customer facing . R. Scharf i dont know the answer. It has to be easily 100,000. Mr. Mchenry sure. Do you have plans in order to respond to the current threats covid19, especially in your footprint in california . Absolutely. We are, as i said mr. Mchenry as well as and other state primaries that are seeing an outbreak . Approach on ur covid 19 is we should do the ing we can to ensure safety of our employees as well
Seconds worth of distance run, yours is the earth and everything that is in it, and which is more you will be a man, my son. This Chamber Tonight is full not just of men and women but some of the finest men and women i have ever met in my life. And i am so proud to have spent the past 17 hours with every ne of you. And were not finished yet. We have more hours to go. I called up Carolyn Mccarthy today. I wanted her to know what we were doing. I didnt catch her. She wasnt home. But i left a message on the phone and told her that we were standing up for the issue that she cared most about and dedicated her life towards changing. And i feel that she in so many and so Many Americans were inspired by what we did tonight. My phone was ringing off the hook all day long thanking the democrats for finally standing up, for being determined, for making a difference. And i can tell you that i think we truly did make a difference. Its the first time that the g. O. P. Totally changed their plans, th
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यदि आप एक नई सैमसंग स्मार्टवॉच की तलाश में हैं, तो सैमसंग इंडिपेंडेंस डे डिलाइट्स सेल में आपके लिए बहुत कुछ है। यहां कई डिस्काउंट और प्राइस कट ऑफर्स का लाभ ले सकते हैं।