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In this Tuesday, Sept. 20, 2016, photo, Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the Senate Banking Committee. The San Francisco Fed said Thursday, Sept. 22, 2016, that Stumpf is resigning his position on the Federal Reserve's advisory council amid a scandal over millions of accounts allegedly opened by the bank without customers' permission. (AP Photo/Susan Walsh)

In this Tuesday, Sept. 20, 2016, photo, Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the Senate Banking Committee. The San Francisco Fed said Thursday, Sept. 22, 2016, that Stumpf is resigning his position on the Federal Reserve's advisory council amid a scandal over millions of accounts allegedly opened by the bank without customers' permission. (AP Photo/Susan Walsh)

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