'You Should Resign': Watch Sen. Elizabeth Warren Grill Wells Fargo CEO John Stumpf 
 
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 Facing off with the CEO whose massive bank appropriated customers' information to create millions of bogus accounts, Sen. Elizabeth Warren, D-Mass., had sharp questions Tuesday for Wells Fargo CEO John Stumpf. "It's gutless leadership," she said, noting that Stumpf is not resigning, returning any of his earnings or firing any senior executives. "Cross-selling is shorthand for deepening relationships," he continued — before Warren cut him off. "If one of your tellers took a handful of 20-dollar bills out of the cash drawer, they'd probably be looking at criminal charges for theft," she said. "They could end up in prison, but you squeezed your employees to the breaking point so they could cheat customers and you could drive up the value of hyour stock and put hundreds of millions of dollars in your pocket." "This is about accountability," she said. "You should resign, you should give back the money you took while this scam was going on and you should be criminally investigated by both the Department of Justice and the Securities and Exchange Commission."
– Sen. Elizabeth Warren went after Wells Fargo CEO John Stumpf during a Senate hearing Tuesday with the kind of heat she usually reserves for Donald Trump tweetstorms. "You should resign ... and you should be criminally investigated," NPR quotes Warren as saying. Stumpf was in front of the Senate banking committee after Wells Fargo employees created millions of fake accounts for customers without their permission in order to charge them extra fees. Stumpf said he was "deeply sorry" for what happened, New Republic reports. But—according to CNBC—he maintained it wasn't a "scam"—Warren's word—but a "way of deepening relationships" with customers. Warren accused Stumpf of "gutless leadership" for passing responsibility for what happened away from himself and other senior executives while blaming "thousands of $12-an-hour employees who were just trying to meet cross-sell quotas that made you rich." The employees' cross-selling scheme was at least partially responsible for Wells Fargo stock going up, making Stumpf's shares alone gain $200 million in value. While more than 5,000 Wells Fargo employees were fired, none of the senior executives are losing their jobs. Warren said the only way Wall Street will be reformed is if CEOs like Stumpf start seeing jail time. She's one of only a few members of the Senate banking committee that hasn't gotten money from Wells Fargo's PAC.