Wells Fargo and Company (WFC)

[conix]

It is just an opinion based on the fact that a major banking enterprise is hamstrung to underwrite loans in an economy that is really struggling.

The upside for the Fed is to have a bank that can become healthier and help those businesses in the economy that need loans to stay afloat.

The other thing is the recent announcement that thousands of jobs are in jeopardy at WFC--not a welcome possibility in this pandemic. The lifting of the cap could help mitigate the actual total of jobs lost at WFC.