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Amid A Fake Account Scandal, Wells Fargo CEO Faces Congress03:39
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John Stumpf, chairman and CEO of Wells Fargo, arrives to testify about the unauthorized opening of accounts by Wells Fargo during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill in Washington, D.C., Sept. 20, 2016. (Saul Loeb/AFP/Getty Images)
John Stumpf, chairman and CEO of Wells Fargo, arrives to testify about the unauthorized opening of accounts by Wells Fargo during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill in Washington, D.C., Sept. 20, 2016. (Saul Loeb/AFP/Getty Images)
This article is more than 4 years old.

Wells Fargo CEO John Stumpf was on Capitol Hill Tuesday, facing questions about why thousands of bank employees created more than 2 million fake accounts.

Here & Now's Jeremy Hobson speaks with Michael Regan of Bloomberg Gadfly about what Congress could do to prevent something similar in the future.

Guest

Michael Regan, columnist for Bloomberg Gadfly. He tweets @Reganonymous.

This segment aired on September 20, 2016.

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