{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Wells Fargo CEO Faces More Anger From Lawmakers' data-url='/boclips/videos/5c54d211d8eafeecae1de73f' data-video-url='/boclips/videos/5c54d211d8eafeecae1de73f' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nWells Fargo CEO Faces More Anger From Lawmakers\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eFOR CLEAN VERSION SEE STORY NUMBER: apus064090Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eFOR CLEAN VERSION SEE STORY NUMBER: apus064090Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed.Chief Executive John Stumpf, newly stripped of tens of millions in compensation, told the House Financial Services Committee that the bank is expanding its review of accounts and will evaluate executives' roles. But as during the grilling he received last week from a Senate panel, Stumpf remained on the defensive.Several lawmakers, both Republican and Democrat, alleged that Wells Fargo's sales practices may have violated federal laws, including the federal racketeering laws, which would constitute a criminal offense. Federal regulators have not said if they have referred the Wells Fargo case to the Department of Justice.\"Fraud is fraud. Theft is theft,\" committee head Rep. Jeb Hensarling, R-Texas, told Stumpf.Stumpf reiterated his words of last week, that he was \"deeply sorry.\" He said the bank was looking at accounts further back, to 2009, and that bank executives' roles will be reviewed \"across the board\" in an inquiry by Wells Fargo's outside directors.Stumpf came under a sustained assault from lawmakers, who face re-election in a little over a month. He insisted that Wells Fargo had taken actions prior to 2013 to bolster its legal compliance and maintain high ethical standards. He bristled at depictions of the culture of Wells Fargo - a bank with origins in the California gold rush - as elevating sales and profits at the expense of ethics.U.S. and California regulators have fined San Francisco-based Wells Fargo $185 million, saying bank employees trying to meet sales targets, opened up to 2 million fake deposit and credit card accounts without customers' knowledge. Regulators said they issued and activated debit cards, and signed people up for online banking without permission. The abuses are said to have gone on for years, unchecked by senior management.US POOLWashington - 29 September 20161. UPSOUND: Chairman Rep. Jeb Hensarling reading the oath to John Stumpf2. Wide shot of John Stumpf raising his right hand to take oath3. SOUNDBITE (English) John Stumpf, Wells Fargo CEO:\"I am deeply sorry that we failed to fulfill our responsibility to our customers, to our team members, and to the American public.  I am fully accountable for all unethical sales practices in our retail banking business and I'm fully committed to fixing this issue, strengthening our culture, and taking the necessary steps and actions to restore our customers' trust. We should have done more sooner, but we will not stop working until we get this right.\"(++WHITE FLASH BETWEEN BITES++) 4. SOUNDBITE (English) Rep. Jeb Hensarling, (R-Texas) Chairman of the House Financial Services Committee:\"Fraud is fraud, theft is theft and what happened at Wells Fargo over the course of many years cannot be described any other way. Mr. Stumpf, I regrettably have a mortgage with your bank.  I wish I didn't.  If I was in the position to pay it off, I would, because you have broken my trust and you have broken the trust of millions of others and it will be a long, long time to earn that trust back.\"(++WHITE FLASH BETWEEN BITES++) 5. SOUNDBITE (English) Rep. Gregory Meeks, D-New York:\"You came here and you started out by saying, 'I apologize,' etc. If somebody walked into Wells Fargo tomorrow and robbed your bank or defrauded your bank and then after they're caught, they say, 'Well, I'm sorry. I'm gonna take full responsibility for robbing this bank. And I am sorry I robbed this bank, so please don't prosecute me because I am sorry now that I robbed this bank.'  Would you allow the person to just walk out after robbing your bank because he is now sorry that he robbed the bank after he took the money already?\"(++WHITE FLASH BETWEEN BITES++) 6. SOUNDBITE (English) Rep. Patrick McHenry, (R) North Carolina:\"You have broken long-standing law and you've defrauded your customers. How can you rebuild trust? How can you rebuild trust? And how can you get through this thing? What standards are you holding yourself to that sends the message to the rest of these folks in this organization that look to you for leadership and guidance? 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