Charlie Scharf

CEO, Wells Fargo

Search every verified Charlie Scharf interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Charlie Scharf, CEO of Wells Fargo, said in a July 2026 interview with Bloomberg that he is "big time bullish on the US" and described the current period as "really good for banks." He stated that since the Federal Reserve lifted the bank's $2 trillion asset cap in 2025, Wells Fargo has been able to compete on a level playing field and is growing its consumer, commercial, wealth, and investment banking businesses. Scharf noted that the company is focused on "sustainable growth" and that its goal is to become "the best performing financial institution in this country" and "the most respected bank." Discussing the economy, Scharf said that while consumers and small businesses express nervousness about inflation, geopolitical events, and AI, their actual behavior shows strength: consumers are spending more year-over-year, delinquencies are down, and savings are up. He attributed this resilience to strong employment and wage growth. On the topic of the Federal Reserve transition, Scharf commented that incoming Chair Kevin Warsh is "incredibly bright" and that a "fresh look" at policies regarding the balance sheet and interest rates would be a positive development.