After Alexandria Ocasio-Cortez accuses Wells Fargo of being involved with “financing the caging of children” she is brutally taken down by Wells Fargo CEO Tim Sloan for her complete inaccuracy on the statement.
Sloan fired back in a big way at Alexandria Ocasio-Cortez in a big way in DC Tuesday after she made the accusation against the bank. Ocasio-Cortez claims that the bank should bear financial liability for a number of things from oil change to climate change.
Sloan was brought before the panel on Tuesday by House Financial Services Committee Chairman Maxine Waters (D-CA) to address widely reported fraudulent misconduct for the employees of Wells Fargo.
During the questioning, AOC took things a step further. More, per LifeZette:
“Why was the bank involved in the caging of children and financing the caging of children to begin with?” Ocasio-Cortez asked at one point, in an apparent reference to the Trump administration’s zero-tolerance immigration policy, which resulted in increased separations of parents suspected of criminal activity from the minors who accompanied them.
The White House has pointed out that images widely circulated on social media showing migrant children in large, fenced-off detention rooms were taken during the Obama administration.
Sloan responded simply, “I don’t know how to answer that question, because we weren’t.”
Socialist Alexandria Ocasio-Cortez (D-NY) asks Wells Fargo CEO Timothy Sloan: "Why was the bank involved in the caging of children and financing the caging of children to begin with?"
Sloan: "I don't know how to answer that question because we weren't." pic.twitter.com/0ecaOAvvu8
— Ryan Saavedra (@RealSaavedra) March 12, 2019
This exchange did not go well for AOC. She was completely flustered during the discussion and struggled to make any traction toward whatever she was going for.
Democrats and Republicans alike laid into Sloan, but none of them went as far as Ocasio-Cortez did.
“Each time a new scandal breaks, Wells Fargo promises to get to the bottom of it. It promises to make sure it doesn’t happen again, but then a few months later, we hear about another case of dishonest sales practices or gross mismanagement,” said Rep. Patrick T. McHenry (R-NC).