Seattle – The Seattle City Council voted unanimously on Tuesday to divest $3 billion from Wells Fargo bank over its role as a lender to the highly controversial Dakota Access Pipeline.
Seattle just divested billions from Wells Fargo over Dakota Access pipeline. Minneapolis and others are ready to follow. ‘ The movement to stop the controversial Dakota Access pipeline through financial activism took an important step forward today, as the Seattle City Council voted 9.
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The Seattle City Council voted to cut ties with the banking giant over its role as a lender to the Dakota Access pipeline project.. Seattle to end ties with Wells Fargo over oil pipeline.
The Seattle City Council unanimously voted to end its relationship with Wells Fargo in protest of the bank’s lending to the Dakota Access Pipeline project. As a result of the council’s 9-0.
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The fallout from Wells Fargo’s fake account scandal is apparently far from over, as New York City could soon become the latest in a long string of cities and states that cut ties with the.
· City to cut ties with Wells Fargo Bank. Jon Greenberg 1:19 am, New Haven joins a growing list of cities that have cut ties with the banking giant over its support of the controversial pipeline project. In February, Seattle and Davis, California, removed a combined $3 billion from accounts with the bank over concerns about its involvement.
Seattle’s break-up with Wells Fargo was mostly driven by anger over the bank’s role as one of more than a dozen lenders helping to finance the controversial Dakota Access Pipeline. The oil.
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On February 7th, Seattle terminated its $3 billion relationship with Wells Fargo in large part because it has been funding the Dakota Access Pipeline. A few days afterward, Davis in California cut ties with Wells Fargo, as had Santa Monica just before it. Very likely most big banks serve corporations that despoil the earth.
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