U.S. Federal Reserve terminates enforcement action on Wells Fargo
Change
On March 5, 2026, the U.S. Federal Reserve ended the 2018 enforcement action against Wells Fargo after the bank completed nearly a decade of remediation and following the lifting of its asset cap in 2025.
Why it matters
The U.S. Federal Reserve's decision removes the special supervisory regime that required formal remediation milestones, elevated oversight and extra reporting by the bank. That relief reduces Wells Fargo's mandatory corrective obligations and returns the bank to standard supervisory procedures for reviewing growth and operational changes.
Implications
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Source
Topics
Regulatory Actions Compliance Banking Regulation Financial Services