SEC’s White deflects questions about Wells Fargo

It took a little while for them to trickle in Tuesday morning, but the Democratic members of the House Financial Services had plenty of questions for outgoing Securities and Exchange Commission chief Mary Jo White about what’s next for Wells Fargo Inc. WFC, -1.18%

Democrats who sought reassurance the SEC was strongly on Wells Fargo’s case, ready to fairly but aggressively go after the bank over its unauthorized account opening scandal, were left wanting. One after another asked White for some insight regarding previous and current investigations of the bank by the SEC. In each case White reminded the committee members of the SEC’s policy not to mention investigations or discuss progress on them until all results were in.

Read on.

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