Congresswoman Alexandria Ocasio-Cortez took bank bashing to new heights yesterday. While questioning Wells Fargo CEO Timothy Sloan she suggested that the banks that financed fossil fuel companies which cause environmental damage should pay for cleanups. Sloan correctly said WF doesn’t “operate” the pipelines of their customers.
She also accused Sloan of Wells Fargo lending to publicly listed corrections companies which operate ICE detention centers which detain children.
So basic is her level of understanding of how banks work, perhaps she might understand the ridiculousness of her own attacks better if she is told she has to accept financial punishment for any failures that are a result of implementing the Green New Deal.
The Democratic leaders really need to rein her in before she damages the brand any further. Left to her own devices she’ll provide hours of video gaffes come election time. Attacking Sloan had no basis let alone substance.