Wells Fargo released a study showing that women-owned businesses are outpacing those owned by men, while also highlighting the challenges faced by Black women entrepreneurs amid potential cuts to DEI programs. The report contributes to public discussions on diversity and inclusion and encourages policies supportive of marginalized communities.

Wells Fargo is set to close 49 branches in 2025 as part of a broader shift toward digital banking. This move raises concerns over reduced access for low-income, rural, and digitally underserved communities, potentially exacerbating economic inequality.

A Houston couple claims that despite immediately alerting Wells Fargo to a suspicious $20,000 transaction on their business account, the bank failed to stop the transaction and allowed a second unauthorized $20,000 transfer, ultimately forcing the couple to fight for the return of $40,000. This event highlights serious deficiencies in Wells Fargo's business practices and ethical responsibility towards customer protection.

A complaint filed by the National Labor Relations Board alleges that Wells Fargo engaged in anti-union behavior at its Atwater, California branch by coercing employees through threats, surveillance, and the promise of stricter work conditions. This incident coincides with the successful unionization of a non-branch unit, underscoring a broader conflict over workers' rights and fair treatment within the company.

Based on Federal Election Commission data released on February 06, 2025, OpenSecrets reported details of Wells Fargo's PAC contributions to other PACs and party committees during the 2023-2024 election cycle. These contributions highlight the company's engagement in political financing mechanisms that could enhance corporate influence over political processes.

Wells Fargo PAC contributed a total of $453,000 to federal candidates during the 2023-2024 election cycle, with about 55.30% allocated to Republicans and 43.82% to Democrats, based on FEC data released on February 06, 2025.

Wells Fargo has significantly increased its political donations over the past decade, giving a total of $704,300 during the 2024 election cycle to six state-level 527 organizations split evenly between Democratic and Republican groups. The move, aimed at influencing local policymaking, marks a notable escalation in corporate political spending.

A federal court rejected Wells Fargo's motion to dismiss a securities class action lawsuit alleging that the bank conducted sham interviews of diverse candidates to merely polish its DEI credentials, rather than genuinely promoting diversity and fair hiring practices.

Wells Fargo is facing a lawsuit alleging that it conducted sham interviews to boost its diversity metrics, compromising genuine DEI initiatives and reinforcing unethical labor practices. The case highlights a pattern of discriminatory hiring and misleading communications by top executives regarding their diversity efforts.

Wells Fargo terminated employees for using mouse jiggler devices to simulate activity, raising concerns about excessive surveillance and authoritarian management practices that undermine fair labor rights.

Mounting investor pressure over workers' rights highlights concerns regarding Wells Fargo's labor practices, as major investors are calling for improved conditions and respect for worker rights.

Wells Fargo released a PDF detailing its Political Action Committee contributions across the United States during 2023. The document lists donations to various candidates and committees, notably including significant sums to Republican leadership PACs alongside contributions to Democratic groups.

Coverage of Wells Fargo's political contributions as tracked by the American Democracy Scorecard, raising concerns over funding that may align with authoritarian practices.

U.S. Senator Sherrod Brown raised concerns about Wells Fargo's repeated unfair labor practices and retaliation against employees, highlighting multiple NLRB charges and an informal settlement that required the bank to display a notice to employees regarding their NLRA rights.

Workers at Wells Fargo have filed three new Unfair Labor Practice charges in Des Moines, IA and Chandler, AZ. The complaints allege that managers interfered with union organizing efforts by removing union flyers and reprimanding employees for discussing wages and organizing, actions that violate protections under the National Labor Relations Act. The charges add to previous findings and settlements, underscoring a pattern of anti-worker behavior at the bank.

US Labor Board officials have accused Wells Fargo of violating federal labor law at an Oregon call center by imposing rules that prohibit employees from distributing pro-union literature without management approval and by removing such materials from non-work areas.

Wells Fargo announced a new labor relations director position on its internal job board on June 20, 2023, amid a mounting unionization campaign and multiple unfair labor practice claims, indicating a strategic response to worker mobilization.