【Warren Urges The Federal Reserve To Maintain Wells Fargo Asset Cap Requirements】US Senator Warren Wrote To Federal Reserve Chairman Powell And Vice Chairman Barr, Who Is Responsible For Banking Supervision, Saying That Wells Fargo Cannot Lift Its $1.95 Trillion Asset Cap Requirement Until Wells Fargo Addresses Its Risk Management And Compliance Issues. Earlier, It Was Reported That Wells Fargo Had Submitted A Third Party Report To The Federal Reserve Evaluating Its Risk And Control Reforms To End The Asset Cap Requirements Imposed By The Federal Reserve After The Bank's Long-standing False Account Scandal And Other Problems. The Market Expects US President-elect Trump To Completely Reform Banking Regulations And Cut Burdensome Regulations. This Has Raised Analysts' Expectations That The Upper Limit May Be Lifted As Early As Next Year, And Has Also Made Many Democrats Who Support Strict Regulations Worry

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