Northwest Accountability Project Calls On Wells Fargo to Distance Itself from Jeffrey Grubb and Murdock Trust
September 21, 2016
Today, the Northwest Accountability Project called on Wells Fargo to to denounce the actions of Executive Vice President Jeffrey Grubb, who as a trustee of the Murdock Charitable Trust, is helping support the funding of organizations working to undermine the Consumer Financial Protection Bureau (CFPB) – the agency responsible for uncovering widespread fraud at Grubb’s place of employment, Wells Fargo.
“Wells Fargo should be ashamed that one of its own executives has been involved in undermining a federal agency that serves to protect its customers from exactly the kind of fraud the bank has now been linked to,” Peter Starzynski, Executive Director of the Northwest Accountability Project said. “Further, they owe victims of this fraud a clear answer as to whether they support or condemn Grubb’s actions and what if any recourse they might take to address this matter.”