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.
