Senator demands to know why the Fed hasn't fired Wells Fargo's board of directors

Sen. Elizabeth Warren (D-Mass.) wants more action from the Federal Reserve on the accounts scandal that last year rocked Wells Fargo (WFC).

“How could the removal of [the Wells Fargo] board members not be warranted given the facts we already know?” Warren asked Fed Chair Janet Yellen during Yellen’s semi-annual testimony before the Senate’s Committee on Banking, Housing, and Urban Affairs on Thursday. READ MORE