In a unanimous vote, Seattle's City Council opted to pull city funds from the banking giant. Hours later, the City Council in Davis, Calif., followed suit.
Elizabeth Warren and two other senators are asking the bank about reports of retribution against would-be whistleblowers. The senators cite NPR reports about workers who were fired or pushed to quit.
In the ongoing scandal engulfing Wells Fargo, the bank says it fired wrongdoers. But some workers say they were trying to blow the whistle and Wells Fargo fired them.
Wells Fargo's CEO, John Stumpf, stepped down Wednesday as his company tries to rebuild its reputation. Wells Fargo, Samsung and Volkswagen have all seen their names hurt by poorly handled scandals.
Wells Fargo workers blame a toxic high-pressure sales culture for pushing some workers to engage in deceptive practices — even in the bank branch at the company's headquarters in San Francisco.
Questions for Stumpf include one about his sale of $13 million in stock, which Rep. Carolyn Maloney calls "by far the largest open-market sale of Wells Fargo stock" in the CEO's tenure.
California's state treasurer has announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts.
Wells Fargo says John Stumpf and the former retail-banking head will forfeit stock awards worth about $60 million combined, after employees opened unauthorized customer accounts to meet company goals.
Regulators say millions of unapproved credit card and bank accounts were opened for Wells Fargo customers. A big question is how to compensate those whose credit scores were hurt by what the bank did.