Maxine Waters

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Wells Fargo CEO Tim Sloan lands $2 million bonus day after congressional beatdown 

Mar 14, 2019By

Looks like Tim Sloan’s week is looking up. On Tuesday, the Wells Fargo CEO received a brutal lashing from Congress during a four-hour hearing before the House Financial Services Committee, during which he was raked over the coals for the bank’s numerous misdeeds. But just a day later, the board of directors gave Sloan a 5% raise, increasing his total pay to a whopping $18.4 million, which includes a $2 million bonus.

3d rendering of a row of luxury townhouses along a street

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