Seattle cuts funding to Wells Fargo over pipeline support


(KING) Seattle, Washington became the first major city to cut financial ties with Wells Fargo over the Dakota Access Pipeline on Tuesday.

In a unanimous vote, city council members divested $3 million from the bank as a part of passing an ordinance dealing with city funds and ethical banking standards.

The vote prompted “water is life!” chants from crowds packing the city council chambers to witness what they believe will send shockwaves of hope all the way to Standing Rock.

This comes a day after efforts to stop the pipeline took a major blow, when the Army approved the final permit for the project.Click here to read more.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Donate Today