Boyd letter: Crapo and Wells Fargo

The New York Times recently ran an article outlining all of the fraudulent actions committed by Wells Fargo on its customers, including phony accounts, unwanted car insurance contracts, false late payment charges, etc., noting that it “takes a scorecard” to keep track of all the bad acts. It went on to say that our Senator Crapo, chairman of the Senate Banking Committee, has failed to respond to calls for additional hearings on Wells Fargo, which may not have been entirely truthful in its earlier testimony before Congress regarding the extent of its malfeasance. Senator Crapo should do his job, hold hearings and definitively determine the extent of the Bank’s deceptions. If he does not, I would urge the Statesman to uncover and publish the extent and amount of the Bank’s campaign contributions to the senator during the last couple of election cycles.

This story was originally published September 15, 2017 at 11:08 PM with the headline "Boyd letter: Crapo and Wells Fargo."