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 ...
WF CEO and AOL two villains one with an IQ
Yesterday a story here said Felicity Huffman paid 15,000 to have her kid’s SAT score “corrected.” Anything is possible in the field of “higher” education
I also have read it many times.
I do so when I need to shake off depression about what is happening.
I find strength in the actions of John Galt & Wyatt & all the other heroes who walk away from playing the game of the Looters.
I only wonder if we have a John Galt lurking here in America today.
I don’t think you can borrow a few billion without the lender knowing what you will do with the money.
My dream ticket: Biden/Cortez, arrogant bully molester and dancing cute idiot”””
AOC cannot be on such a ticket. She isn’t old enough to be President, and therefore cannot even be VP because if anything happened to Biden, she would advance.
It’s a widget... a fictional product. “Yeah, tell that to the bank.”
https://www.youtube.com/watch?v=q-BUPKeFzvs
Ah, yes! Thank you.
Exactly. And ALL of us should understand exactly who are AOC’s handlers. They are destroyers of America.
https://www.youtube.com/watch?v=1h5iv6sECGU
AOC has skipped the important step between the vaporous ideology of youth and the assumption of power: real-world experience.
The part was her question on why shouldn’t the bank pay to build sea walls on the coasts since they were one of 17 banks that lent money to pipeline contractors!
Whatcha learnt in collitch young'un?
Daddy I been taking Algeber, Trigononometry, and calulatus.
Hoo-eee young'un! Speak me some of them langiges.
Yes, sir! Pi-R-Square!
Dang young'un. That's near bout the dumbest thing I ever heared.
Everbody knows Pie are round. Cornbread are square!
Click on the link and read the rest of his response...
She’s bragging right now :)
The hearing, held by [Demagogue and Liar] Democrat Chairwoman Maxine Waters, was titled, "Holding Megabanks Accountable: An Examination of Wells Fargo’s Pattern of Consumer Abuses."
Thanks COBOL2Java. AOC is going to make a very boring cellmate for Sweaty Betty, when she gets to prison.
Ronald Reagan, racist? Ocasio-Cortez didn't say that -- but the controversy reveals a lot (trunc)
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