Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve's decision to scrap an unprecedented penalty on Wells Fargo.

In an interview with CNBC's Sara Eisen, Warren blasted the Fed for lifting the asset cap it imposed on Wells Fargo in 2018 and urged the central bank to release its report on Wells' conduct since then.

The Fed in 2018 banned Wells Fargo from growing its assets beyond $1.95 trillion in response to a series of sales scandals across several divisions of the bank. Along with the asset cap — the first of its kind — Wells was also fined billions of dollars by federal and state agencies.

Warren said Wednesday the Fed should release its unredacted report to the Senate Banking Committee, for which she serves as the top Democrat, so the panel co

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