Wells Fargo CEO on working with Trump vs. Biden

Wells Fargo CEO Charlie Scharf on Monday said the Trump administration is “very, very accessible,” in sharp contrast to the Biden administration, which he said had disdain for the business and banking sectors.
 
“The last administration: no interest in engaging, other than one or two people in that administration,” he said at the Economic Club of Washington, DC. “It was almost like if you were ‘business,’ you were by definition not good, and if you were ‘bank,’ you were like the opposite, just off the spectrum not good.”
 
Mr. Scharf said he does not always see eye-to-eye with the Trump administration, but that officials are willing to engage in dialogue.
 
“We don’t agree with everything the administration is doing,” he said. “They don’t like everything about us, but it’s a very, very open conversation about policies, about regulation, about things that we see.”
 
#charliescharf #economy #banking #iran #cspan