Wells Fargo CEO resigns from Federal Reserve advisory panel following fake-accounts scandal

WASHINGTON — Wells Fargo & Co. Chief Executive John Stumpf has resigned from a Federal Reserve advisory panel, the latest fallout from the banking giant’s fake-accounts scandal. Stumpf’s move came after five senators called for him not to be reappointed to the Federal Advisory Council, a 12-member body that meets four times a year with the…