The Seattle City Council has voted not to renew its contract with Wells Fargo, in a move that cites the bank’s role as a lender to the Dakota Access Pipeline project as well as its creation of millions of bogus accounts. As a result, the city’s won’t renew its contract with the bank that expires next year.
The unanimous vote will pull more than $3 billion in city funds from the banking giant, the council says. The city says the bidding process for its next banking partner will “incentivize ‘Social Responsibility.’”
After Seattle’s council acted, the city of Davis, Calif., took a similar action, voting to find a new bank to handle its roughly $124 million in accounts by the end of 2017.
randsomshit reblogged this from kingjaffejoffer
sinnamonrollkitten liked this vanilla-cream-killy liked this
spaceballerina reblogged this from sassy-and-awsome
sassy-and-awsome reblogged this from fatandbougie
stopdisrespectingculture reblogged this from remade-stopdisrespectingculture
thesunstillshineswhenitrains liked this
crazies-and-curls liked this dsaucedo liked this
stay-myheartbeatsforlove reblogged this from oleathe oleathe reblogged this from 88richman88
lord-seven-sins liked this
88richman88 reblogged this from fatandbougie
88richman88 liked this gonnatryscience liked this
enexcelsis liked this
monk363 reblogged this from fatandbougie
monk363 liked this
machett liked this godspeed-little-doodle reblogged this from kingjaffejoffer
shoegazebabe reblogged this from tenthgrader
sententiola liked this
perpetualdevotion liked this
purplecardigan liked this casual-at-best reblogged this from itscr3ativenam3
itscr3ativenam3 reblogged this from wu-tangland
idkk-yoo reblogged this from tenthgrader
cloacacameltoe reblogged this from wu-tangland
2ghoul4u reblogged this from tenthgrader
katrinadevoort reblogged this from tenthgrader waterproofcandle reblogged this from tenthgrader
waterproofcandle liked this
wu-tangland reblogged this from tenthgrader
raccooninthegirlslockerroom liked this tenthgrader reblogged this from ruffrowdyboiz
nofunkiyo liked this
jelly-knees liked this
kingjaffejoffer posted this
- Show more notes