
Wells Fargo & Company reported strong Q4 results, with CEO Charles Scharf optimistic about an even better 2025 under the incoming Trump administration.
“We are predominantly a U.S. bank, we succeed when the country succeeds. So the incoming administration's support of U.S. businesses and consumers gives us optimism as we look forward. Additionally, the incoming administration has signaled a more business-friendly approach to policies and regulations, which should benefit the economy and our client,” Scharf said on the company’s earnings call Wednesday.