National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns

  • NPR | by: Stacey Samuel |
  • 04/20/2018
The American Federation of Teachers said Thursday that it is cutting its financial ties with Wells Fargo as a result of the banking giant's relationships with the National Rifle Association and gunmakers.

The AFT, a 1.7 million-member national union, is dropping the bank as a recommended mortgage lender, to which it currently channels more than 20,000 AFT mortgages.

The decision came after Wells Fargo dismissed the union's request to cut lending ties with or impose new restrictions on firearms business partners following the mass shooting Feb. 14 that killed 17 people at Marjory Stoneman Douglas High School in Parkland, Fla.

After attempts were made by the teachers union to meet with bank executives over the matter to no avail, AFT President Randi Weingarten said in a statement, obtained by reporter Charles Lane for NPR:

"Gun violence is an epidemic, but Tim Sloan [CEO of Wells Fargo] won't even engage in a conversation about mitigating it, much less take any real steps. We took him up on his offer to meet with us, then he went radio silent. So if Wells Fargo won't value children and teachers above guns, we won't do business with Wells Fargo."

Comments

Privacy Policy

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns is dedicated to protecting consumer privacy on the Internet. Our practices are consistent with privacy guidelines established by eTrust.com.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns does not require any personal information to obtain access to our website.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns does require limited personal information including name and mailing address from individuals wishing to join as members. Additional information such as e-mail address and phone number may also be requested in order that we may contact members in a timely manner on issues related to our mission.

You will only receive e-mail from us if you request to be added to our e-mail list. You may revise or remove your e-mail address from our files at any time.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns uses "cookie" technology to obtain non-personal information from our online visitors, such as browser/computer type, number of visitors, and site usage. We do not use cookies to extract personal information.

Our website contains links to other sites, but National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns does not necessarily advocate, support or condone the privacy practices or content of these websites.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns makes all information received from our online visitors as secure as possible against unauthorized access and use. All information is protected by state-of-the-art security technology.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns respects the individual privacy rights and concerns of visitors to our website. We support meaningful self-regulation of the Internet to ensure that responsible organizations maintain the right to use all communications media to interact with the public.