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WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for changing into the primary branch of the nation’s fourth-largest bank to unionize.
“Your success brings the battle for the Dignity of Work on to Wall Street’s entrance door,” said Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee.
“I stay up for watching your motion develop from branch to branch throughout the nation,” Brown stated in his assertion.
Workers on the financial institution’s Albuquerque branch voted 5 to three on Wednesday to unionize below the Communications Workers of America’s Wells Fargo Workers United.
The vote made Wells Fargo the primary main U.S. lender with a unionized workforce.
“This is the primary union at a giant financial institution in the nation! #UnionStrong,” Rep. Melanie Stansbury, a New Mexico Democrat, wrote in a put up on the social media website X, previously generally known as Twitter.
The organizing transfer follows successful negotiations by the United Auto Workers, SAG-AFTRA and the Writers Guild of America after weeks of strikes earlier this 12 months.
But workers at an Alaska Wells Fargo branch final week withdrew a petition to kind 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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