Wells Fargo is catching serious heat from Senators Bernie Sanders and Elizabeth Warren over its treatment of the military after the bank got caught illegally repossessing service members' cars. Related: U.S. Wells Fargo illegally repossessed 413 service members' carsDennis Singleton was preparing to go to Afghanistan in 2013 when he learned Wells Fargo had repossessed his car. Wells Fargo also apologized for examples of service members not receiving the protections they are due. Related: Soldier speaks out after Wells Fargo illegally seizes car"Please explain why Wells Fargo should be allowed to keep its branches on U.S. military bases," the letter states. In response, Wells Fargo said it has "programs and processes in place to ensure our full compliance" with the MLA.

Source: CNN October 07, 2016 15:41 UTC