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Fortune
Fortune
Mahnoor Khan

Wells Fargo CEO says Trump administration ‘gives us optimism’ for 2025: ‘We succeed when the country succeeds’

(Credit: PATRICK T. FALLON VIA GETTY IMAGES)

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.

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