Big news about Wells Fargo, a giant bank! They've been working hard to fix some problems with how they lend money and sell things. They've already solved a few issues, and things are looking better.
- Wells Fargo had some trouble with mortgages and auto loans.
- Regulators put limits on how much the bank could grow.
- They're making progress and hope to get those limits removed.
- There's hope that the new government will help banks grow more.
| Fact | Number/Detail |
|---|---|
| Asset Cap | $1.95 trillion (a really big number!) |
| Remaining Consent Orders | 5 |
| Potential Asset Cap Removal | 2025 |
