(Springfield, IL) — Illinois Treasurer Michael Frerichs is taking action in response to the Wells Fargo fake bank account scandal. Frerichs plans to hold a press conference on Monday to explain more details about his plan to suspend billions of dollars in investment activity with Wells Fargo. Chicago aldermen are also considering an ordinance that would discipline the bank by suspending it from performing several city activities, including municipal depository.
Jim McCabe/jb IL) STL) MO) WDC)
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