April 20, 2018

Teachers union cuts ties with Wells Fargo over its NRA support

NPR  =The American Federation of Teachers said Thursday that it is cutting its financial ties with Wells Fargo as a result of the banking giant's relationships with the National Rifle Association and gunmakers.

The AFT, a 1.7-million-member national union, is dropping the bank as a recommended mortgage lender, to which it currently channels more than 20,000 AFT mortgages.

The decision came after Wells Fargo dismissed the union's request to cut lending ties with or impose new restrictions on firearms business partners following the mass shooting Feb. 14 that killed 17 people at Marjory Stoneman Douglas High School in Parkland, Fla.

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