Ocasio-Cortez questions Wells Fargo over involvement in ‘caging of children’ at border

by
March 13, 2019

U.S. Rep. Alexandria Ocasio-Cortez (D-NY)†listens to the testimony of former Trump personal attorney Michael Cohen at a House Committee on Oversight and Reform hearing on Capitol Hill in Washington, U.S., February 27, 2019. REUTERS/Kevin Lamarque - RC156828F730

Rep. Alexandria Ocasio-Cortez demanded to know why Wells Fargo was “involved in the caging of children” at a House hearing with the bank’s CEO on Tuesday.

“I am interested in the human rights abuses and environmental disasters that some say are financed by your bank, Wells Fargo,” the 29-year-old congresswoman told CEO Tim Sloan during a hearing of the House Financial Services Committee, which was examining the bank’s practices.

She then cited an opinion piece which linked the bank to private prisons, for-profit immigration detention centers, loan shark payday lending schemes and accused Wells Fargo of “holding much of the bond debt strangling Puerto Rico’s efforts to lift itself out of its financial crisis.”

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