NYC Mayor Eric Adams Is Taking a Stand Against Wells Fargo, City Government Won’t Open Any More Accounts Over Banks ‘Persisting Track Record of Discrimination’
Banking giant Wells Fargo has been embroiled in many discrimination lawsuits over the years, the most recent one in February for discriminatory lending practices. As a result of Wells Fargo’s discriminatory lending practices against Black homebuyers, New York City has announced the city government will not open any new bank accounts with Wells Fargo &…