Story perspectives

Trump Opens Subpoena Probe Into Wells Fargo, J-1 Visas

By Drooid · Oct 9, 2026, 3:10 AM UTC · How we work

Summary

Story summary

President Donald Trump opened investigations into Wells Fargo’s Black homeownership program and nine universities’ J-1 visas.
HUD Secretary Scott Turner said Wells Fargo allegedly sorted borrowers by race, calling it immoral, unethical and un-American.
Vice President JD Vance said nine universities used J-1 visa holders at a 61 percent rate, above the 38 percent average.
Yale, Harvard, Stanford, Brown, University of Pittsburgh, UC Davis, Caltech, Arizona State University and MIT received subpoenas.

History

Historical Context

Title IX, enacted in 1972 to bar sex discrimination in federally funded education, was narrowed by the 1984 Supreme Court decision in Grove City v. Bell, which limited coverage to directly funded programs. Congress restored institution-wide scope with the 1988 Civil Rights Restoration Act. The Trump-era Wells Fargo probe and JD Vance’s university subpoenas now revive that pattern of federal scrutiny.

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Story summary

President Donald Trump opened investigations into Wells Fargo’s Black homeownership program and nine universities’ J-1 visas.
HUD Secretary Scott Turner said Wells Fargo allegedly sorted borrowers by race, calling it immoral, unethical and un-American.
Vice President JD Vance said nine universities used J-1 visa holders at a 61 percent rate, above the 38 percent average.
Yale, Harvard, Stanford, Brown, University of Pittsburgh, UC Davis, Caltech, Arizona State University and MIT received subpoenas.

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