House Democrats call for Wells Fargo hearings

House Democrats call for Wells Fargo hearings

Three Democratic U.S. lawmakers are urging the Republican chairman of the House Financial Services Committee to hold a public hearing on Wells Fargo & Co.’s recent disclosure that it had erroneously charged thousands of customers for car loan insurance policies. The bank, still recovering from the fallout of a separate fake-account scandal, says it has discontinued the auto-loan program and will refund $80 million to the affected customers.

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