U.S. ECONOMY WILL PROBABLY REBOUND NEXT YEAR AFTER VACCINES ARE DISTRIBUTED: WELLS FARGO CEO SCHARF

Highlights

• Wells Fargo CEO said the action taken by the federal government at the beginning of the COVID-19 pandemic was extremely impactful in propping up households and businesses

• Similar to the majority population, Scharf believes the development of vaccines are instrumental in helping economy recover from the current difficult period

• Scharf said “The world that we’re experienci....