Wells Fargo CEO Basks in Friendlier Washington Climate

Also, SEC proposes changes to hedge fund data rule; NCUA looking to follow OCC in challenging Illinois swipe fee law; changeover at DOL not likely to slow alternative assets push

Making a rare public appearance in D.C., Wells Fargo’s Charlie Scharf was in high spirits – and for good reason. The giant bank he runs, which was constrained by a strict asset cap for most of his time as CEO, has been breathing easier since the Fed lifted the stricture last year. In fact, enough time has passed that Scharf told a packed house at the Ec…