Wells Fargo PAC to suspend political contributions for ‘foreseeable future’

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(Reuters) – Wells Fargo & Co has said its Political Action Committee (PAC) will suspend political contributions for the foreseeable future in order to revisit its strategy as the new Congress begins and the administration of President-elect Joe Biden.

“We will take into consideration the actions of elected officials who opposed the Electoral College vote and urge members of all political parties to work together in a bipartisan fashion to help our nation heal,” a spokeswoman said in a statement. press release sent by email.

Reporting by Kanishka Singh and Noor Zainab Hussain in Bangalore; Edited by Shri Navaratnam

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