I suspect it's just another attempt to make Trump look bad.... and a lashing back over the recent release of the Nunes memo. But....yeah. I am probably just being a CT re: that...lol.
What does releasing a memo possibly have to do with anything?
Much more likely a new Fed chief coming in, and it flexing its muscles at Wells Fargo is the reason.
Anybody as yet been able to figure out whether the Fed actually has the authority to hit WF with a limiting growth dictate and firing its directors?
I doubt it has that authority. That will certainly change the behavior of the businesses in this country, and something tells me it assumed the authority to do what it did.