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State Treasurer John Chiang (right) at a news conference in Sacramento, Calif., in May. On Wednesday, Chiang announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts. Rich Pedroncelli/AP hide caption

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Rich Pedroncelli/AP

Wells Fargo CEO John Stumpf was grilled by the Senate Banking Committee last week over the bank's illegal sales practices. Susan Walsh/AP hide caption

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Susan Walsh/AP

Wells Fargo CEO To Forfeit Tens Of Millions In Stock Awards Amid Scandal

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