Trump Says Wells Fargo (WFC) Fines Won't be Dropped

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Get Alerts WFC Hot Sheet

Price: $83.15 --0%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 2.3%
EPS Growth %: +11.4%

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President Trump said on twitter that fines against Wells Fargo (NYSE: WFC) won't be dropped, as reported in the media. The fines will be pursued and, if anything, substantially increased.

Fines and penalties against Wells Fargo Bank for their bad acts against their customers and others will not be dropped, as has incorrectly been reported, but will be pursued and, if anything, substantially increased. I will cut Regs but make penalties severe when caught cheating!
— Donald J. Trump (@realDonaldTrump) December 8, 2017

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