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Lawmakers praise workers for landmark Wells Fargo union branch vote in New Mexico

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WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for turning into the first branch of the nation’s fourth-excellent financial institution to unionize.

“Your success brings the battle for the Dignity of Work straight to Wall Boulevard’s front door,” stated Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee.

“I expect watching your motion grow from branch to branch all the arrangement in which via the country,” Brown stated in his observation.

Team at the financial institution’s Albuquerque branch voted 5 to 3 on Wednesday to unionize beneath the Communications Team of The US’s Wells Fargo Team United.

The vote made Wells Fargo the first fundamental U.S. lender with a unionized workers.

“That is the first union at a substantial financial institution in the country! #UnionStrong,” Obtain. Melanie Stansbury, a New Mexico Democrat, wrote in a post on the social media space X, formerly identified as Twitter.

The organizing transfer follows successful negotiations by the United Auto Team, SAG-AFTRA and the Writers Guild of The US after weeks of strikes earlier this year.

But workers at an Alaska Wells Fargo branch last week withdrew a petition to form a union.

Wells Fargo modified into as soon as among the many banks eyed in an industry-broad investigation into discriminatory mortgage lending in 2022.

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