Wells Fargo & Co., one of the largest U.S. lenders, told employees this month that it's considering cutting foreign workers, citing political pressure stemming from the government's bailout of the banking industry, according to an internal email obtained by Dow Jones.

Wells got $25 billion from the Troubled Asset Relief Program in October, joining other big banks accepting government support, including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs Group.

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