fintech / news / / USA TODAY
U.S. President Donald Trump said his administration would look into banks.
Trump publicly singled out Wells Fargo for alleged poor treatment of wildfire-affected homeowners.
KEY POINTS
- 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
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