The Fed enforcement action referenced by Democrats took the unusual step of limiting the bank's ability to grow until its management can demonstrate controls put in place to prevent a return to the practices that landed Wells in hot water. Democrats, including committee Ranking Member Sherrod Brown D-Ohio and high-profile bank critic Sen. Elizabeth Warren D-Mass., cited recent remarks by Sloan about coverage of Wells Fargo being "tiresome," and his widely watched appearance before the committee last year. "Though Mr. Sloan recently said it is 'tiresome' for the bank to 'live through some of the sensational headlines that, in many cases, just aren't true,' we believe that it is essential for the Committee to conduct oversight on the bank given the seriousness of past enforcement actions, a history of inadequate response on behalf of Wells Fargo's senior leadership, and continued reports of misconduct," they wrote.