wells fargoSeattle Cuts Ties With Wells Fargo To Protest Dakota Access Pipeline Funding

 

This is a huffingtonpost.com article.

 

It’s the first major city to pull funds from a bank for financing the controversial project.

Seattle City Council has joined the fight against the Dakota Access Pipeline, voting unanimously to end its contract with a bank funding the project.

The ordinance, approved Tuesday, instructs the city to cut ties with Wells Fargo when its contract expires in 2018. The bank manages the city’s accounts, processing about $3 billion annually. According to Wells Fargo, Seattle’s accounts with the bank hold an average of $10 million.

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