Posted on 03/13/2019 5:22:03 AM PDT by COBOL2Java
The hearing, held by Democrat Chairwoman Maxine Waters, was titled, "Holding Megabanks Accountable: An Examination of Wells Fargo’s Pattern of Consumer Abuses."
The Los Angeles Times reported: "Sloan was the first megabank chief executive whom Waters, an outspoken critic of Wells Fargo, summoned to appear before the House Financial Services Committee since she took over as its chairwoman in January following the midterm elections that gave Democrats control of the House."
Ocasio-Cortez used her time during the hearing to push her political agenda against Immigration and Customs Enforcement (ICE) and against the fossil fuel industry.
"Why was the bank involved in the caging of children and financing the caging of children to begin with?" Ocasio-Cortez asked.
"I don't know how to answer that question because we weren't," Sloan responded.
"Uh, so in finan--, you've, you were financing, involved in debt financing in CoreCivic and GEO group, correct?" Ocasio-Cortez responded.
"For a period of time, we were involved in financing one of the firms, we are not anymore," Sloan responded. "I'm not familiar with the specific assertion you are making, we were not involved in that."
It only got worse from there.
"Should Wells Fargo be held responsible for the damages incurred by Climate Change due to the financing of fossil fuels and these projects?" Ocasio-Cortez asked.
"I don't know how'd you calculate that, Congresswoman," Sloan responded.
"Say from spills, or when we have to reinvest in infrastructure building sea walls from the erosion of, um, from the erosion of infrastructure or cleanups, wildfires, etc...," Ocasio-Cortez said.
(Excerpt) Read more at dailywire.com ...
They tell us that she is brilliant. If you repeat a lie enough times, it becomes the truth
Since when have Lefty judges allowed facts and reason and law and precedent stand in they way of Democrat goals and tactics?
AOC is already casually tossing around figures like $75 Trillion... all she has to do is put a number on “the damage Wells Fargo contributed to”, say $500 billion, and get a judge to rubber stamp it... and another eeeevil capitalist industry gets taken down.
She probably thinks she showed him up in a big way.
How could you even think that? She just a freshmen member of the committee.
One has to have more smarts than she does in the world of finances to be the chair.
Maxine Waters is the chair of the House Financial Services Committee.
+.
If such a scenario is possible, we are already doomed.
She a lock for the Nobel Peace Prize.
Ray Bradbury wrote a short story about that at one time.
Like many sci-fi writers, he was almost prophetic about what he saw coming.
How could you even think that? She just a freshmen member of the committee. She knows nothing about finances.
One has to have much more smarts than she does in the world of finances to be the chair.
That's why Maxine Waters is the chair of the House Financial Services Committee.
Sorry for the double reply post.
In our society, there are idiots, imbeciles, dumb as a bag of hammers, and morons. But AOC deserves another word all to herself... not a moron, but a marooooon.
If she were not serious in her quest to demean and defeat America, she could wipe out the national debt by selling tickets to hear her speak.
I admit that I am not the sharpest blade or the brightest light bulb, but my gosh that woman makes me look like Einstein.
Apparently you don’t need any smarts to be the chair. Waters is as dumb as a bag of hammers too.
Congress Critter, Alexandria Ocasio-Cortez is about as dumb as any person can become. Poor soul has no idea what a dim light bulb she really is. However, let us not blame her for her God given shortcomings.
Let us place the blame squarely on the ill informed voters in her congressional district who are really “not-too-bright” in the the brain & common sense department. SAD days for our American Republic.
Actually the entire Democrat Party needs to be totally politically destroyed at the ballot box in 2020. Go...Trump!!! “MAGA”!!!
“Holding Megabanks Accountable”
Do you think they are going to do hearings on the biggest bank of all. I.E. The Federal Reserve?
Don’t hold your breath.
My sarcasm didn’t come through that clear I guess. :-)
It did about 10 seconds later, but I need my first coffee first haha.
Glad I am wrong but Maxine smart? A crook yes.
I wasn't saying Waters was smart but the opposite.
John Wayne would have had alot of fun with this idiot.
I think he said:
Life is HARD.
It is even HARDER when you are stupid.
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