Posted on 03/13/2019 12:17:26 AM PDT by knighthawk
Wells Fargo CEO Tim Sloan fired back at New York Rep. Alexandria Ocasio-Cortez at a contentious hearing in Washington, D.C., on Tuesday, after the freshman legislator accused the bank of "financing the caging of children" and suggested it should bear financial liability for everything from oil spills to climate change.
Ocasio-Cortez's inquiries come as activists increasingly seek to "deplatform" political opponents by cutting off their funding from banks and other financial services providers -- a concerted effort that conservatives and libertarians have said threatens free speech.
House Financial Services Committee Chairman Maxine Waters, D-Calif., brought Sloan before the panel Tuesday as part of a broad, four-hour inquiry into widely reported fraudulent misconduct in recent years by Wells Fargo employees. But in questioning Sloan, who faced bipartisan criticism during the hearing, Ocasio-Cortez, a self-described Democratic socialist, quickly went much further.
(Excerpt) Read more at foxnews.com ...
“Concluding the hearing, Waters suggested that Wells Fargo should be broken up. Waters also asked Sloan if the bank had become “too big to manage.””
Mad Maxine thinks Wells Fargo is too big to be managed, but doesnt think the entire economy of the United States is too big for DemocRATS to manage.
Not likely to happen. We're all expected to address these a**holes as 'The Honorable-so-and-so' or 'my esteemed colleague' or 'the gentleman from...'
Exhibit A is the general (I think) explaining to Hank Johnson that, no, Guam is not prone to tipping over because too many people moved to one side of the island...
Mr. Sloan, you’re a banker.
The Democrats have declared Open Season on bankers.
You and your cohorts are apparently too STOOOOOPID to realize this.
When the AOCommies are in charge there will be no Wells Fargos or oil companies.
Should throw it back at her. As a bartender, didn’t you ever feel guilty about serving up drinks to people knowing that there is a possibility that they could get in their car and plow into a family of illegal aliens, killing the whole car full of children?
Wells Fargo was the only major bank that would not go along with the gun grabber agenda. Thats why the Leftists particularly have it in for Wells Fargo right now. Its also why I closed my BofA account and opened one at Wells Fargo.
You might think that you were exaggerating, but not by much.
In fairness, all of the banks that took the bailout money repaid it within a few years. JP Morgan didn’t want to take it but was forced to. Again, repaid in short order.
Shouldn’t she be asking Obama about the “caging” of children during his years? What about the killing of babies on the birthing table?
Bankers will be caged by Ocasio-Cortez.
That would cost too much.
Lead is cheaper.
Leftists will do what they always do. Count on it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.