Wells Fargo Resists Union Threats Aimed at Getting It to Drop Gun Manufacturer Clients

Wells Fargo Resists Union Threats Aimed at Getting It to Drop Gun Manufacturer Clients

The American Federation of Teachers is demanding that Wells Fargo drop its relationship with gun manufacturers (and with the NRA). To its credit, Wells Fargo isn’t budging. As the response from the CEO said (alongside the usual, and understandable, we-hear-you-and-we-want-you-to-be-our-friends business-speak), As I have publicly stated, I do not believe that the American public wants banks to decide which legal products consumers can and cannot buy. I’m not a Wells Fargo customer, but I’m considering switching from U.S. Bank (for practical reasons, not political ones), and this raised Wells Fargo’s standing in my mind. Indeed, I even called their customer service line to pass along my compliments. The attempted demonization of the NRA and gun manufacturers also helps support, I think, many gun owners’ worry that many gun control proponents’ endgame isn’t just "reasonable regulation" but outright bans. Today, they might not have the political power to accomplish that […]

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