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    Common Dreams. To inform. To inspire. To ignite change for the common good.
    Common Dreams Globe
    LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
    LATEST NEWS
    OPINION
    Common DreamsTo inform. To inspire. To ignite change for the common good.

    wells fargo

    climate activists visit Wells Fargo

    An Antidote to Despair: Climate and Labor Unite

    Wells Fargo Workers United and Stop the Money Pipeline are teaming up to target one corporation that clearly doesn't care about everyday people: Wells Fargo.

    Sarah Lasoff
    Cole Weber
    Nov 01, 2025

    Living in the United States right now, it's easy to feel rage and despair. Corporations and billionaires have amassed so much money and power that popular opinions held by everyday working people are no longer represented by our federal government, and corporations are freer than ever to do what they like.

    The results are damning: rising costs of basic needs like healthcare, housing, insurance, and groceries, making them unaffordable. We are faced with increasingly dangerous extreme weather events, endangering our homes, businesses, and loved ones. We are exposed to more pollution and toxins in our air, water, and soil than ever before. On top of it all, our mandated tax dollars are being used to kill and starve children at home and abroad.

    Keep ReadingShow Less
    extreme weather events
    climate-emergency
    Wells Fargo protest

    We’re Going After Wells Fargo—Here’s Why

    On August 15, we’re planning a nationwide day of actions at Wells Fargo’s headquarters, corporate offices, and branches across the country, to make it clear that the bank cannot bend the knee to Trump without massive backlash.

    Michelle Merrill
    Liv Senghor
    Rev. Amy Brooks Paradise
    Aug 13, 2025

    Since the Trump regime took power, corporations have been lining up to bend the knee—but no bank has done so as dramatically as Wells Fargo. So, on Friday August 15, we’re taking action to hold the bank accountable. Here’s why and how you can get involved.

    Just weeks after the inauguration, Wells Fargo became the only major U.S. bank to completely abandon its 2030 and 2050 climate goals, despite warnings from experts that we are headed toward catastrophic climate harms. The timing was not a coincidence.

    Keep ReadingShow Less
    trump administration
    wells-fargo
    ​Morgan Stanley offices at Canary Wharf financial district in London.

    Morgan Stanley Latest Wall Street Giant to Ditch Net-Zero Coalition

    Earlier this week, Bank of America and Citigroup also said they were leaving the Net-Zero Banking Alliance.

    Eloise Goldsmith
    Jan 02, 2025

    On Thursday, the Wall Street titan Morgan Stanley became the latest financial institution to leave the Net-Zero Banking Alliance, a United Nations-convened group of banks committed to "aligning their lending, investment, and capital markets activities with net-zero greenhouse gas emissions by 2050."

    The defections keep piling up. Earlier this week, Bank of America and Citigroup said they were leaving the alliance, and earlier in December Goldman Sachs Group and Wells Fargo announced they were doing the same.

    Keep ReadingShow Less
    bank of america
    climate-emergency
    JPMorgan Chase CEO Jamie Dimon

    Wall Street Banks Accused of Trying to Sabotage Key Consumer Protection Rule

    "The CFPB must stop this ploy by the biggest banks to keep us trapped under their thumbs."

    Julia Conley
    Nov 15, 2024

    Consumer advocates applauded last month as the Consumer Financial Protection Bureau finalized a rule aimed at making it easier for people to switch financial institutions if they're unhappy with a bank's service, without the bank retaining their personal data—but on Thursday, more than a dozen groups warned the CFPB that major Wall Street firms are trying to stop Americans from benefiting from the rule.

    Several advocacy groups, led by the Demand Progress Education Fund, wrote to CFPB director Rohit Chopra warning that major banks—including JP Morgan Chase, Bank of America, Citi, TD Bank, and Wells Fargo—sit on the board of the Financial Data Exchange (FDX), which has applied to the bureau for standard-setting body (SSB) status, which would give it authority over what is commonly known as the "open banking rule."

    Keep ReadingShow Less
    bank of america
    wall-street

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