Tag Archives: wells fargo

Masked protesters with the water protectors occupy the hall outside Wells Fargo bank in Duluth on Friday January 12, 2018. Bob King / Forum News Service

Seattle Forced to Bank With Wells Fargo Again After Spurning Them During the #NoDAPL Protests

Seattle Forced to Bank With Wells Fargo Again After Spurning Them During the #NoDAPL Protests

Last year, in the wake of the violent protests against the Dakota Access Pipeline here in North Dakota, the City of Seattle chose with a unanimous vote of its city council to pull business from Wells Fargo. Because Wells Fargo was involved in financing the pipeline project. Left wing activists across the nation celebrated, but

Senator Heidi Heitkamp appears on CNBC on October 5, 2017.

Heidi Heitkamp Took Money From Wells Fargo PAC Just Nine Days Before Saying “Someone Should Go to Jail”

“I think somebody should go to jail,” Senator Heidi Heitkamp said during an interview with CNBC earlier this month (video at the link). “If we can start developing a level of personal responsibility of corporate leadership with the ultimate penalty being a criminal prosecution, we’ll see changes in terms of the duty to know,” she added.

Senator Heidi Heitkamp appears on CNBC's "Power Lunch" show. Screencapture

Senator Heitkamp Still Taking Big Contributions From Wells Fargo Even as She Demands Jail Time

“I think somebody should go to jail,” Senator Heidi Heitkamp said during an interview with CNBC yesterday. She was referring to the Wells Fargo scandal (she also demanded jail time over the Equifax breach; she’s up for re-election so there’s demagoguery going on) which saw the banking giant’s employees enrolling millions of their customers in

Fargo City Commissioner Dave Piepkorn during a Commission meeting Monday, Oct. 10, 2016. Dave Wallis / The Forum

Audio: Fargo Leader Wants Companies Targeted by #NoDAPL Activists to Come to North Dakota

One of the tactics of far-left environmental activists has been to target the financing of the fossil fuel industries and their related infrastructure like pipelines. That’s why #NoDAPL protesters have been targeting Wells Fargo bank branches, because the bank is involved in financing the Dakota Access Pipeline, and it is pressure from these activists which

Price Caps On Swipe Fees Making Your Banking More Expensive

Three years ago Monday the Senate passed the Durbin Amendment to the Dodd-Frank Banking Bill which sought to make the retail experience for Americans cheaper by capping the fees for debit and credit card swipes. Essentially, the federal government told the banks they were charging too much, and cut the price in half for them

Wells Fargo CEO: Get The Government Out Of The Home Mortgage Business

“If it wasn’t for Fannie and Freddie, [the mortgage crisis] would have been a small problem,” Wells Fargo CEO Richard Kovacevich told CNBC today. “Fannie and Freddie and other government agencies guaranteed 70 percent of those mortgages.” He’s right, of course, though Fannie and Freddie’s market penetration when far beyond that. At the time of

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