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Seattle might pull $3 billion from Wells Fargo because of its role in the Dakota Access Pipeline 

Seattle might be looking for another place to bank. Days after a massive protest, the City Council’s finance committee voted unanimously to divest $3 billion from Wells Fargo due to its funding of the Dakota Access Pipeline. The full City Council is set to vote on the issue on Monday. According to a report on … Continue reading “Seattle might pull $3 billion from Wells Fargo because of its role in the Dakota Access Pipeline “

Seattle might be looking for another place to bank. Days after a massive protest, the City Council’s finance committee voted unanimously to divest $3 billion from Wells Fargo due to its funding of the Dakota Access Pipeline. The full City Council is set to vote on the issue on Monday. According to a report on Seattle’s King 5 today, the city would “seek a more socially responsible bank to manage the city’s money.” Last week, hundreds of protesters showed up at a local Wells Fargo demanding divestment.

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About the author

Christopher Zara is a senior staff news editor for Fast Company and obsessed with media, technology, business, culture, and theater. Before coming to FastCo News, he was a deputy editor at International Business Times, a theater critic for Newsweek, and managing editor of Show Business magazine

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