Congress Is Watching Wells Fargo Closely, Rep. McHenry Says

The transcript covers three main topics: the grounding of Boeing jets due to safety concerns, the regulatory challenges faced by Wells Fargo, and the potential impact of Brexit on financial markets. The discussion highlights the importance of regulatory oversight, the role of media in uncovering issues, and the need for preparedness in the face of international financial changes.

Why did the speaker support the FAA's decision to ground Boeing jets?

• To increase market competition

• To ensure safety and technology standards

• Due to financial losses

• To comply with international regulations

What role did the press play in the Wells Fargo situation?

• It helped uncover regulatory failings

• It increased the bank's profits

• It supported the bank's actions

• It ignored the bank's issues

What is the main concern regarding Wells Fargo's future?

• Its partnership with other banks

• Its investment in new technologies

• Its compliance with regulators

• Its ability to expand globally

What is the speaker's main concern about Brexit?

• The effect on international financial connectivity

• The impact on American tourism

• The influence on European politics

• The change in trade tariffs

What assurance does the speaker want regarding a hard Brexit?

• That American exports will increase

• That financial market connectivity is maintained

• That new trade deals are signed

• That tourism between the UK and US is unaffected