Brown calls for regulators to look into alleged Wells Fargo labor violations

By Claire Williams

Senate Banking Committee Chair Sherrod Brown, D-Ohio, called on the Federal Reserve and the Office of the Comptroller of the Currency to look into Wells Fargo's unionization efforts and alleged labor abuses.

In Wednesday's letter, addressed to the Fed's Vice Chair for Supervision Michael Barr and acting Comptroller Michael Hsu, Brown cited an informal settlement with the National Labor Review Board over a manager allegedly threatening a senior advisor who was disturbing pro-union literature at a call center, three Unfair Labor Practice cases investigated at an Oregon call center and several other Unfair Labor Practice investigations and cases.

Read more at American Banker: https://www.americanbanker.com/news/brown-calls-for-regulators-to-look-into-alleged-wells-fargo-labor-violations