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

by Nikki Schwab
March 13, 2019

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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