Trump says he'll be looking into banks regarding Los Angeles wildfires
Source: USA Today
April 24, 2026, 3:33 p.m. ET
WASHINGTON, April 24 (Reuters) - U.S. President Donald Trump said his administration would look into banks — singling out Wells Fargo WFC.N — over payments and debt treatment after the Los Angeles wildfires, marking the latest friction with the banking industry.
The 2025 Palisades Fire in Los Angeles and Eaton Fire in Altadena killed 22 people, destroyed some 12,000 homes and caused over $50 billion in property damage.
"Wells Fargo, in particular, has been very difficult to deal with," Trump said in a post on Truth Social late on Thursday. "The Banks must treat those people, who so horribly lost their Homes in this tragic fire, very fairly and well.". A spokesperson for Wells Fargo declined to comment.
Trump's second term has fueled friction with Wall Street, as allegations of "debanking" and exchanges over credit card rate caps have strained ties with executives at big banks despite a broader deregulatory push favoring the sector.
Read more: https://www.usatoday.com/story/news/california/2026/04/24/trump-looking-into-banks-after-los-angeles-wildfires/89777531007/
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Mon 19 Nov 2018 07.07 EST
Last modified on Mon 19 Nov 2018 11.15 EST
The people of Finland have reacted with bemusement on social media at Donald Trump’s assertions that the country rakes its forests to help prevent forest fires. Speaking on Saturday in Paradise, California, about the role of forest management in stemming wildfires, Trump said: “I was with the president of Finland and he said: ‘We have, much different, we are a forest nation.’ He called it a forest nation. And they spend a lot of time on raking and cleaning and doing things, and they don’t have any problem.”
Finnish social media users immediately posted a range of jokes about Trump’s comments, which do not reflect the reality of how forests are managed in the country.
Link to tweet
There were also people on hand to point out that the factors affecting whether there are forest fires are very different in California and Finland:
Link to tweet
For his part, Sauli Niinistö appears to recall the conversation somewhat differently. He said although he told Trump that the Finns took care of their forests, he did not specifically recall mentioning raking as part of the planning.
XITTER
@aspfors
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Not on my watch!
#Rakenews
5:32 AM · Nov 18, 2018[/excerpt
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Nov 17, 2018
@JenniferJJacobs
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Replying to @JenniferJJacobs
“We’ve got to take care of the floors. The floors of the forest,” Trump said in Paradise, CA.
Other countries do it differently—president of Finland said they spend a lot of time “on raking and cleaning. They don’t have any problem and when it is, it’s a very small problem.”
nonamenocountry
@mallahadley
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I grew up in Finland. a) it rains all year round. b) we have a lengthy and cold winter. c) Finland is a sparsely populated country with just over 5mil ppl, with land size ~3/4 of CA and most of it forests and lakes. d) no friggin body is raking the forests.
3:41 PM · Nov 17, 2018
One of Cheetolini's favorite places?
Go figure... 
His addled brain goes back to the "olden days" of the California gold rush!
My own local bank (established well before California and most of the rest of the country became states because there was no Constitution yet), was a victim of multiple takeovers and eventually came under what is now called "Wells Fargo".