Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

Senator Elizabeth Warren is urging the OCC to take action against Citibank for its ongoing operational failures. Warren believes that Citibank is “too-big-to-manage” and has been mismanaging regulatory requirements for years. She is calling for bold action to address these issues and possibly break up the bank. Warren’s letter highlights the need for stronger regulation … Read more