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Ocasio-Cortez Clowns Herself While Trying to Grill Wells Fargo CEO

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Rep. Alexandria Ocasio-Cortez (D-NY) is trying very hard to be a firebrand within the House Financial Services Committee led by Rep. Maxine Waters (D-Calif), but in the end, comes off as an ill-informed try-hard that resorts to clownish behavior in order to look tough.

On Tuesday, Waters took aim at Wells Fargo CEO Timothy Sloan during a hearing titled “Holding Megabanks Accountable: An Examination of Wells Fargo’s Pattern of Consumer Abuses.” According to the DailyWire, AOC put Sloan in the hot seat over…ICE and environmentalism…for some reason.

As the Daily Wire pointed out, AOC began by accusing Wells Fargo of caging children, an accusation to which Sloan was awfully confused about.

“Why was the bank involved in the caging of children and financing the caging of children to begin with?” Ocasio-Cortez asked.

“I don’t know how to answer that question because we weren’t,” Sloan said simply.

“Uh, so in finan–, you’ve, you were financing, involved in debt financing in CoreCivic and GEO group, correct?” Ocasio-Cortez responded.

“For a period of time, we were involved in financing one of the firms, we are not anymore,” Sloan said. “I’m not familiar with the specific assertion you are making, we were not involved in that.”

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

Our favorite democratic socialist then moved on to trying to nail Wells Fargo with environmental damages from oil pipelines. This also confused Sloan, seeing as how there have been no damages due to leaks from pipelines. This forced Ocasio-Cortez to ask him if Wells Fargo should be responsible if it happened “hypothetically.”

“Should Wells Fargo be held responsible for the damages incurred by Climate Change due to the financing of fossil fuels and these projects?” Ocasio-Cortez asked.

“I don’t know how’d you calculate that, Congresswoman,” Sloan responded.

“Say from spills, or when we have to reinvest in infrastructure building sea walls from the erosion of, um, from the erosion of infrastructure or cleanups, wildfires, etc…,” Ocasio-Cortez said.

“Related to that pipeline?” Sloan replied. “I’m not aware that there’s been any of what you’ve described that’s occurred that’s related to that pipeline.”

“How about, uh, the cleans up from the leaks of the Dakota Access pipeline?” said Ocasio-Cortez.

“I’m not aware of the leaks associated with the Dakota Access pipeline that you’re describing,” Sloan responded.

“So, hypothetically, if there was a leak from the Dakota Access pipeline, why shouldn’t Wells Fargo pay for the clean up of it since it paid for the construction of the pipeline itself?”

Sloan, once again, had a simple answer.

“Because we don’t operate the pipeline, we provide financing to the company that’s operating the pipeline,” he said.

Wells Fargo CEO Timothy Sloan shuts down socialist Rep. Alexandria Ocasio-Cortez (D-NY) during a House Financial Services Committee hearing

On two separate occasions, when Sloan’s answers embarrassed her, Ocasio-Cortez talked over him and moved on to another question pic.twitter.com/FLHo8aBsaE

— Ryan Saavedra (@RealSaavedra) March 12, 2019

I’m sure this was supposed to be a big “gotcha” moment for Ocasio-Cortez for Facebook clip makers like Now This to go gaga over — they still may — but this moment comes off as the freshman Democrat trying far too intensely to look like a David standing up to a corporate Goliath.

At best, her questions were cringe-worthy.

The post WATCH: Ocasio-Cortez Clowns Herself While Trying to Grill Wells Fargo CEO appeared first on RedState.

 

 



Source: https://www.redstate.com/brandon_morse/2019/03/12/watch-ocasio-cortez-clowns-trying-grill-wells-fargo-ceo/
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