All this summer, activists in San Francisco and around the country have been targeting Wells Fargo, one of the biggest fossil banks. Wells Fargo was the first big bank to backtrack on its climate commitments, and has been the most supportive of, and subservient to, Trump and his fossil fueled fascist regime. They're undermining their own workers and busting a union of employees; They've schemed to privatize the postal service to make your mail slower, more expensive, and more polluting; And, of course, they've reneged on commitments to Diversity, Equity, and Inclusion to try and curry favor with white nationalists in the administration and refused to reconcile their very recent history of redlining and discriminatory lending.
In other words, Wells Fargo is the worst bank. And so activists have been calling them out this summer in a follow up to last-summer's Citi-focussed Summer of Heat. Two weeks ago, hundreds of activists in New York and San Francisco shut down their major corporate offices. Now, we're gearing up for a national day of action on August 15, and we need you to
- Sign our petition and
- Sign up to take action on August 15.
In case you need more convincing, no bank has bent to the knee to Trump as dramatically as Wells Fargo. They are (links to sources below and in the blog):
- The only bank to have dropped all its climate commitments for 2030-2050, all while being one of the dirtiest banks on earth, investing $39 billion in fossil fuels in 2024 — 30% more than 2023 —according to the most recent annual Banking on Climate Chaos report.
- Engaged in full-on union busting targeting their own employees – especially tellers and branch staff that are paid the least, and have the most contact with the public.
- Promoted a plan to privatize the post office and sell it off – which has been decried by advocates for the poor, working people, small businesses, and the not insubstantial number of unionized postal workers.
- The first bank to drop commitments to Diversity, Equity, and Inclusion – and specifically to site Trump and his white nationalist partners as a reason why – despite having engaged in redlining and lost lawsuits over illegal discrimination in lending as recently as three years ago!
- A major funder of companies like Palantir that partner with, and profit from, Trump's secret police force (ICE) and deportation machine.
- Also a major funder of companies like Elbit Systems that provide weapons and technology to the Israeli military to carry out their genocide in Gaza.
So, we're upping the pressure on Wells with a national day of action on August 15, and we want you with us.
- Start by signing our petition to Wells Fargo to clean up their act. It's simple, fast, and you can do it no matter where you live. We'll deliver all the signatures to Wells Fargo offices on August 15.
- Once you do, you'll be redirected to a map of actions for August 15. Dozens of events are already planned in cities big and small from New York to San Francisco and a lot of places in between. But if there's nothing near you or you need more time and help to plan an action, you can also fill out this form and an organizer will be in touch.
Thanks for taking on fossil fueled fascist finance with us once more in this hot summer of climate chaos and billionaire bros,
Drew & the 198 methods to defund climate chaos and fossil fueled fascism.
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