House Democrats to Seek Testimony From Wall Street CEOs, Sources Say

  • Waters said to consider asking executives to appear at hearing
  • Goldman Sachs, Wells Fargo chiefs could testify in March
Maxine WatersPhotographer: Joshua Roberts/Bloomberg
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The leaders of the biggest U.S. banks are likely to be summoned to Washington to face questions from a congressional panel that oversees Wall Street, an early sign that the financial industry will endure tougher scrutiny under a Democratic-controlled House.

The chief executive officers of Goldman Sachs Group Inc., Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley and Bank of America Corp. could be asked to testify before the House Financial Services Committee, according to people familiar with the discussions.