Democrats get Labor Dept. review of Wells Fargo

The Department of Labor will review Wells Fargo to determine whether the bank violated any labor laws in its fake accounts scandal, the agency informed Congress Monday.

In a letter sent to Sen. Elizabeth Warren, D-Mass., Labor Secretary Thomas Perez said the agency will conduct “top-to-bottom review of cases, complaints or violations concerning Wells Fargo over the last several years” to determine whether the bank violated labor laws by pushing employees to create millions of accounts for customers that weren’t wanted, a scandal that resulted in $185 million in fines from financial regulators and congressional scrutiny.