After Wells Fargo’s beating on Capitol Hill, it could face local sanctions over accounts scandal

Already the subject of federal investigations and congressional inquiries, Wells Fargo & Co. is now facing criticism from a growing number of state and local officials who want more answers from bank executives or hope to enact sanctions of their own.

On Tuesday, a San Fernando Valley lawmaker plans to question a regional Wells Fargo executive about the bank’s sales practices, while a Los Angeles City Councilman will call on the city to cease doing business with any bank that pressures workers to open unneeded or unwanted accounts.

Read more from the L.A. Times here.