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House Financial Services Committee launches own investigation into Wells Fargo 

Another shoe is about to drop on Wells Fargo, as the megabank attempts to weather the storm surrounding the $185 million fine levied against it for the “widespread unlawful” practices of more than 5,000 former employees who opened more than two million fake accounts in order to get sales bonuses. The bank is facing an investigation by the Department of Justice, an inquiry from the Senate Banking Committee, and now an investigation by the House Financial Services Committee.