Labor group to protest Wells Fargo, point to bank’s support of GOP candidates
Minnesotans for a Fair Economy plans to rally outside the downtown Minneapolis offices of Wells Fargo Wednesday, according to a notice the group released Tuesday. The “Piece of the Pie Rally” — to “dramatize the need for a ‘slice of the pie’ for ordinary citizens” and the unemployed — is scheduled to start at 11:30 a.m.
Officials hope to gather a crowd of “100-plus Minnesotans angry over the lack of good jobs, corporate political influence and continual budget cuts,” said the group, which describes itself as “a coalition of labor, community and faith organizations that are fighting for an economy that works for all of us.”
“Wells Fargo Political Action Committee and executives have funded politicians like U.S. Reps. Paulsen, Kline, and Bachmann who are pushing radical budget cuts that will kill the jobs of teachers, nurses, and others,” the release said. “While bankers enjoy taxpayer bailouts and record profits, Wells Fargo has cut jobs in Minnesota while funding the politicians who aren’t doing anything about our crummy economy.”
The march at South 6th St. and Marquette Ave. also will feature puppets, a march and a pie-eating contest.
The demonstration isn’t the first time Wells Fargo has been in hot water with a labor group. The Service Employees International Union Local 284 has, on multiple occasions,urged Wells Fargo and Minneapolis-based U.S. Bank to not charge interest on loans sought by Minnesota public schools forced to borrow as a result of the state’s nearly-monthlong government shutdown.
Brian Elliott, Executive Director of the SEIU Minnesota State Council, said the group has yet to receive a response from either group on its most recent request.