Seattle council committee votes to divest from Wells Fargo over DAPL

Seattle is on track to end ties with Wells Fargo over the Dakota Access Oil Pipeline.

The Seattle City Council Finance Committee voted 8-0 on Wednesday to divest $3 billion in City of Seattle money out of Wells Fargo over the bank’s role as lender for the Dakota Access Pipeline and seek a more socially responsible bank to manage the city’s money.

A full vote by the Seattle City Council is scheduled for Monday.

Seattle council committee votes to divest from Wells Fargo over DAPL

Sharing is caring!