Seattle council committee votes to divest $3Billion from Wells Fargo over DAPL

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Seattle council committee votes to divest $3Billion from Wells Fargo over DAPL

Seattle council committee votes to divest $3Billion from Wells Fargo over DAPL

King5-

Seattle is on track to end ties with Wells Fargo over the Dakota Access Oil Pipeline.

The Seattle City Council Finance Committee voted 8-0 on Wednesday to divest $3 billion in City of Seattle money out of Wells Fargo over the bank’s role as lender for the Dakota Access Pipeline and seek a more socially responsible bank to manage the city’s money.

[KING5]

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One Response to “Seattle council committee votes to divest $3Billion from Wells Fargo over DAPL”

  1. Mike says:

    Interesting that Seattle decides to terminate business with WF over loaning money legally for a pipeline but not after WF knowingly committed fraud, millions of time over, by opening some 2MM fraudulent unauthorized accounts in its own customer names. Why anyone still banks at WF escapes me.

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