US (AMERICANS FOR FINANCIAL REFORM) : WELLS FARGO is FUELING RACIAL and ENVIRONMENTAL INJUSTICE. TAKE ACTION!

 

Wells Fargo is fueling racial discrimination AND environmental racism – and they’re hoping no one stops them. A new report from our friends at Americans for Financial Reform (AFR) reveals that the bank has been denying Black, Latino, and Asian mortgage applicants at nearly twice the rate of white borrowers in North Carolina. Even worse, those disparities are growing. Take action with us: Tell Wells Fargo executives to respect Indigenous rights, stop the racist lending practices, and stop financing fossil fuels. At the same time, Wells Fargo is one of the world’s top financiers of fossil fuels – dumping $143 billion into oil, gas, and petrochemical expansion since 2021. That means Wells Fargo is denying families of color access to homeownership and wealth, starving communities of color of investment, and financing pollution and climate disasters that hit those same communities first and worst. From the Gulf South to Indigenous lands across North America, Wells Fargo-backed projects are violating Indigenous sovereignty and worsening environmental racism. Now, at the annual general meeting (AGM) this week, investors are asking the bank to do the bare minimum: track and oversee its impact on Indigenous rights. And Wells Fargo’s leadership? They’re telling shareholders to vote NO. We can’t let that stand. Tell Wells Fargo: This environmental racism is unacceptable. Use our tool to send a message to top Wells Fargo executives. They need to hear from you. Take action now: Tell Wells Fargo executives to End racist lending practices Respect Indigenous rights, including Free, Prior, and Informed Consent Stop financing fossil fuel expansion Wells Fargo has the power to change course – but only if we apply enough pressure. Your voice matters. Send an email today. In Solidarity, - the Stop the Money Pipeline team. PS : You can read the report on Wells Fargo’s troubling pattern of racial disparities in North Carolina here.