Lawmakers reward Wells Fargo department union

WASHINGTON — Democratic lawmakers on Thursday praised staff at a New Mexico department of Wells Fargo for changing into the primary department of the nation’s fourth-largest bank to unionize.

“Your success brings the fight for the Dignity of Work directly to Wall Street’s front door,” said Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee.

“I look forward to watching your movement grow from branch to branch across the country,” Brown mentioned in his assertion.

Staff on the financial institution’s Albuquerque department voted 5 to three on Wednesday to unionize underneath the Communications Staff of America’s Wells Fargo Staff United.

The vote made Wells Fargo the primary main U.S. lender with a unionized workforce.

“That is the primary union at an enormous financial institution within the nation! #UnionStrong,” Rep. Melanie Stansbury, a New Mexico Democrat, wrote in a submit on the social media web site X, previously generally known as Twitter.

The organizing transfer follows successful negotiations by the United Auto Staff, SAG-AFTRA and the Writers Guild of America after weeks of strikes earlier this 12 months.

However staff at an Alaska Wells Fargo department final week withdrew a petition to type a union.

Wells Fargo was among the many banks eyed in an industry-wide investigation into discriminatory mortgage lending in 2022.

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