Ocasio-Cortez Accuses Wells Fargo of Being Involved in ‘Financing the Caging of Children’ | WHAT REALLY HAPPENED


Ocasio-Cortez Accuses Wells Fargo of Being Involved in ‘Financing the Caging of Children’

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.

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