Wells Fargo's regulators are debating a rare step: whether to force out top executives or directors. It's a reminder that CEO Timothy Sloan, who testifies before Congress this week, is still in the hot seat with Washington.
More than two years after a scandal erupted over fake customer accounts, Wells Fargo & Co. remains at sharp odds with its government overseers. How sharp should come into focus Tuesday, when Chief Executive Timothy Sloan appears before a House Financial Services Committee newly dominated by Democrats with a decidedly populist tilt.
Mr. Sloan agreed to testify solo, ahead of other bank CEOs, when asked by the committee. Among other topics, he is likely to be asked about Wells Fargo’s ongoing problems and whether he is capable...
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