03/02/2026
While dozens of branches across the country are organizing, Wells Fargo was sponsoring an extreme Right-Wing conference 🤔
Wells Fargo’s sponsorship of this conference is a direct endorsement of the JLF’s agenda, which is fundamentally opposed to the interests of working families in North Carolina.
Wells Fargo workers have successfully organized and won NLRB elections with Communications Workers of America at 30 Wells Fargo branches nationwide, including one in Apex, North Carolina, and in one corporate department. Approximately 34,000 Wells Fargo workers live in North Carolina, with 27,000 employed in Charlotte alone, making the company the 5th largest employer in the state.
The company has a significant lobbying presence in North Carolina, spending over $688,000 on lobbying over the past decade, with 93% of those disclosures relating to "Government, taxation, financing, revenue, budget, appropriations, bids, fees, funds.”
Furthermore, Wells Fargo has funded the campaigns of John Locke Foundation keynote speaker, NC Senate Majority Leader Michael Lee.
The revelation of this sponsorship highlights a stark conflict between Wells Fargo’s public image as a community-oriented employer and the reality of its financial support for an organization committed to a radical, anti-worker political platform. This support raises questions about the company's commitment to its North Carolina workforce, especially given that CEO Charles Scharf received $40 million in compensation in 2025.
