Investigations • Wall Street • Public Finance Five Years of Looking Away Wells Fargo quietly ignored its legal duty to protect public money for over five years. The penalty: $275,000 (roughly the cost of five median American salaries), a number so small it rounds to nothing for a bank this size. Reported August 2025 • … Continue reading Wells Fargo failed to protect taxpayer money for more than 5 years. Pays a $275K fine.