Tag: Dodd Frank repeal

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Wells Fargo exec was fired for not scamming N.J. customers, lawsuit says

wells fargo

By Craig McCarthy | NJ Advance Media for NJ.com
on April 17, 2017 at 7:20 AM, updated April 17, 2017 at 4:28 PM

NEW BRUNSWICK — A Somerset County woman is suing Wells Fargo Bank alleging she was fired for refusing to participate in an alleged scheme similar to the bank’s widespread account scam that led to millions of dollars in federal fines.

Melinda Bini, a former assistant vice president and regional private banker at the Highland Park bank’s branch, says in a recent lawsuit that supervisors instructed her to manipulate accounts and sell banking products or investments that were not the customers’ best interest or without their knowledge.

The lawsuit, filed in Middlesex County Superior Court on April 5, names Wells Fargo and three local bank supervisors.

https://www.nj.com/middlesex/index.ssf/2017/04/wells_fargo_banker_was_fired_for_not_scamming_nj_c.html#incart_2box_nj-homepage-featured

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Pence Tells House GOP to Get Ready for Sweeping Legislation

Pence and Trump

November 17, 2016 — 10:22 AM ESTUpdated on November 17, 2016 — 3:03 PM EST

Vice President-elect Mike Pence told House Republicans in a closed-door meeting Thursday to be ready to move a lot of legislation next year.

“We’re going to move an agenda” focused on rebuilding the military and improving the economy, Pence told reporters after the meeting.

In his remarks to House Republicans, Pence talked about how he and the new administration wanted members to “buckle up,” and get ready for a speedy start on policy. He also solicited suggestions for candidates to fill administration posts.

“Donald Trump is a man of action and we’re counting on you,” Pence said, according to Ways and Means Chairman Kevin Brady. The Texas Republican said that Pence mentioned a tax overhaul and Obamacare, but didn’t get into specifics.

Pence, a former House member himself, returned to the U.S. Capitol Thursday to visit with House Republicans. He also met with top Democratic leaders in the House and Senate.

https://www.bloomberg.com/politics/articles/2016-11-17/pence-tells-house-gop-to-get-ready-to-pass-sweeping-legislation