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Headlines: Wells Fargo Drops Politician’s Account over Pot Industry Donations

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Headlines: Wells Fargo Drops Politician’s Account over Pot Industry Donations

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Wells Fargo, the fourth-largest bank in the U.S., fired Florida agriculture commissioner candidate Nikki Fried as a client this month because her campaign has received donations from “lobbyists from the medical marijuana industry,” according to copies of emails her campaign made public on Monday. After the campaign confirmed in a reply that Fried has indeed received contributions from cannabis industry leaders—and had no intention of stopping—Wells Fargo confirmed the closure of the account in an August 3 letter. Fried, a Democrat, held a press conference at the Florida capitol on Monday morning to “address this arbitrary, unprecedented action against the fundamental rights to speech of a candidate for public office, and call attention to the out of touch institutions, laws and politicians that allowed this transgression to occur in the first place,” according to a news advisory.

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