AdvertisementCalifornia Imposes Sweeping Sanctions On Wells Fargo Amid ScandalSeptember 28, 2016Merrit KennedyfacebookEmailState Treasurer John Chiang (right) at a news conference in Sacramento, Calif., in May. On Wednesday, Chiang announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts. (AP)