Media ID: 55381241
Caption:
Janet Yellen, the Federal Reserve chairwoman, congratulating Jerome H. Powell, a Fed governor, at his swearing-in ceremony in 2014. Mr. Powell is head of the board’s bank oversight committee. Credit Federal Reserve Board
by Gretchen Morgenson | Aug 18, 2017 | Business
Amid reports last Thursday that Stephen Sanger, chairman of the Wells Fargo board, may step down in the coming months, all eyes are on the bank’s directors and their oversight of the troubled institution. While some Wells Fargo shareholders are urging the bank’s...