Wells Fargo says raises were not linked to tax-reform bill, then backtracks $WFC

wells fargo bank

WASHINGTON — Wells Fargo & Co.’s move to raise its minimum pay to $15 an hour was part of a long-term plan and not related to the passage of the Republican tax overhaul as the company implied, said a bank spokesman, who later backtracked and stated the hikes were a result of the bill’s approval. The…


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