Seattle Votes to End $3 Billion Relationship with Wells Fargo Because of the Bank’s Dakota Access Pipeline Financing

Check out this article in the Seattle Stranger on how the Seattle City Council pull its investments out of Wells Fargo bank, regarding the DAPL pipeline.

Here’s a clip:

The Seattle City Council has unanimously voted to end the city’s relationship with Wells Fargo over the bank’s financing of the Dakota Access Pipeline (DAPL), its financing of private prison companies, and a regulatory scandal involving the bank’s creation of two million unauthorized accounts.

All nine council members voted to take $3 billion of city funds away from the bank after Seattle’s current contract expires in 2018. The vote occurred just hours after the Army notified Congress that it will be granting an easement allowing DAPL builders to drill under the Missouri River following a presidential memo from Donald Trump.

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