Seattle City Council votes to end ties with Wells Fargo over bank’s role in Dakota Access pipeline
SEATTLE (AP) — The Seattle City Council voted 9-0 Tuesday to pull about $3 billion in deposits from Wells Fargo Bank over its role as a lender to the Dakota Access pipeline project and other business practices. Dozens of people in the City Council chambers cheered with the vote was announced. The measure will direct the city not to renew its contract with Wells Fargo and require the city take into account a company's business practices and social responsibility factors when awarding city contracts.
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