Wells Fargo has recently cleared two mortgage-related enforcement actions from 2011, as announced by the Federal Reserve. However, the bank continues to face restrictions stemming from a 2018 enforcement action that limits its growth due to ongoing compliance issues. This growth cap has reportedly cost Wells Fargo more than $36 billion in profits, marking it as one of the most severe corporate sanctions in recent history. Critics argue that maintaining this cap solely on Wells Fargo could lead to increased consolidation among other major banks, such as Bank of America and JPMorgan Chase. Despite the termination of the older enforcement actions, the 2018 restrictions remain in effect, indicating that Wells Fargo still has hurdles to overcome in its post-scandal recovery.