News

Bloomberg News:

There are “major shortcomings” in how some big U.S. banks are providing financial relief for customers and instituting safety measures for front-line workers during the coronavirus pandemic, according to a coalition of labor unions, employees and advocacy groups.

NATIONWIDE —  In response to the Federal Reserve’s announcement that it will ease growth restrictions, following toxic sales scandal exposed in 2016, Committee for Better Banks Organizing Directors Nick Weiner and Erin Mahoney issued the following statement:

Committee for Better Banks

For Immediate Release: March 10, 2020

Media Contact: [email protected]rosen.com, 603-339-0042

Committee for Better Banks Responds to Wells Fargo CEO Charles Scharf’s Promise to ‘Absolutely Work on a Bill of Rights’

KILIAN COLIN, Fmr. Wells Employee: A bank workers’ bill of rights would help Wells Fargo turn the page on its systemic malfeasance of the past

Committee for Better Banks

For Immediate Release: March 9, 2020

Media Contact: [email protected], 603-339-0042

Committee for Better Banks: Wells Fargo Resignations Not Enough to Turn the Page on Scandal, Systemic Problems

CBB calls on last two pre-2016 board directors, John D. Baker II and Donald M. James, to resign

Committee for Better Banks

For Immediate Release: March 3, 2020

Media Contact: [email protected], 603-339-0042

Committee for Better Banks: CFPB SCOTUS Case Puts Consumer, Workers Rights at Risk

NATIONWIDE — Ahead of today’s oral arguments on the constitutionality of the Consumer Financial Protection Bureau’s leadership structure to be heard in front of the U.S. Supreme Court, Erin Mahoney, lead organizer at Committee for Better Banks, said:

Committee for Better Banks

Contact: Tian Weinberg, [email protected], 646-701-4356 

Zoe PiSierra, [email protected], 646-339-0042