“We have an opportunity to choose whether we want to continue a relationship with a bank that takes partisan stances or a regional bank that is invested in our community.” “As the only woman on the board, it’s important that in light of Roe being overturned that we begin to look at things in an in-depth way,” Commissioner Zakiya Smalls, who supported the plan, said in the board’s statement. Lehigh County’s majority-Democrat Board of Commissioners voted 6-3 on July 13 to begin the divestiture process, the panel said in a statement. House Minority Leader Kevin McCarthy, D-Calif., this cycle, the Open Secrets analysis showed. Dwight Evans, D-1st District, and Madeleine Dean, D-4th District, both prominent progressives. So far this year, the company has nearly evenly split its money between Democrats and Republicans, giving $75,500 to Democrats and $80,000 to Republicans, according to an analysis by the website Open Secrets, which tracks political giving.Īmong the local beneficiaries of the financial giant’s largess are U.S. Senate Minority Leader Mitch McConnell, R-Ky. Records show that Wells Fargo’s PAC previously has made a variety of donations to Republican politicians who oppose abortion rights, including U.S. “Let’s hold these corporations accountable for who they are investing in. “These are our taxpayer dollar that we have in the bank - let’s remove the $145 million from from Wells Fargo, and put it into a bank that does not invest in politics,” he told the Capital-Star. “But they’re also giving to Greg Abbott, who is so anti-abortion. “When I started looking at Wells Fargo, their does give to Democrats and Republicans” said Pinsley, who’s running for Lehigh County’s 16th Senate District seat. “We had $145 million in Wells Fargo, and they’ve never been my favorite bank anyway,” Pinsley said, referring to the company’s controversial reputation, including a history of fraudulent sales practices. Pinsley, a former township commissioner who was first elected to his county row office post in 2019, said he began considering his options, and the logical first step was looking at where Lehigh County was keeping its money. “I went on vacation with my wife and family, and my daughter, who’s 20, said we couldn’t celebrate the Fourth of July because our freedoms were being taken away,” he recalled. Wade, the 1973 decision that provided a constitutional right to abortion. Lehigh County Controller Mark Pinsley, a Democrat who’s leading the push, told the Capital-Star that he was moved to act in response to his adult daughter’s outrage at last month’s U.S. Officials in a bellwether county in a key 2022 battleground state are moving to dump $145 million in taxpayer assets from Wells Fargo & Co. because of the financial titan’s support for politicians who oppose abortion rights.
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