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Wells Fargo closes account of Florida candidate for saying said shed take donations from medical marijuana industry
Nikki Fried is a Florida Democrat running to be the states agriculture commissioner. Medical marijuana is legal in Florida, but when Fried said she'd be accepting be accepting campaign contributions from the medical marijuana industry, Wells Fargo terminated her account.
From The Washington Post:
At a news conference on Monday, Fried said that Wells Fargos actions against my campaign are emblematic of what is wrong with our government and politics today," adding that she was kicked out of a bank for voicing support of a law that is literally codified in the Florida constitution.
In a statement, Wells Fargo spokeswoman Bridget Braxton declined to comment on the specifics of Frieds case but said that it is Wells Fargos policy not to knowingly bank or provide services to marijuana businesses or for activities related to those businesses, based on federal laws under which the sale and use of marijuana is illegal even if state laws differ. By phone, she clarified that activities related to those businesses would include donations, to politicians or any other account holders.
Image: Rob Wilson/Shutterstock
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/LSG6lQPRPzI/wells-fargo-closes-account-of.html