# U.S. President Donald Trump said his administration would look into banks.

*fintech · news · 2026-04-24 · USA TODAY*

## Key points

- Trump publicly singled out Wells Fargo for alleged poor treatment of wildfire-affected homeowners.
- LA Mayor Bass and Supervisor Barger are pressuring banks and insurers for greater financial relief.
- California now mandates up to 12 months of mortgage forbearance for wildfire victims statewide.
- The 2025 Palisades and Eaton Fires caused $50 billion in damage and destroyed 12,000 homes.

**Companies:** Wells Fargo, JPMorgan Chase, Bank of America, Citigroup, U.S. Bank
**Countries:** United States

[Read the full story on USA TODAY](https://www.usatoday.com/story/news/california/2026/04/24/trump-looking-into-banks-after-los-angeles-wildfires/89777531007/)

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