CLAIM: Former Labor Secretary Hilda Solis suggested that because Sen. Kamala Harris (D-CA) “took on” the big banks as attorney general of California, she will stand up to them as vice president.
VERDICT: While Harris was among 49 state attorney generals who secured a $25 billion settlement from big banks, many executives from those banks now support her as Democrat nominee Joe Biden’s vice presidential choice.
“When millions of families lost their homes, my friend in California, Sen. Kamala Harris, took on the big banks and won,” Solis said in reference to the case which involved Bank of America, Wells Fargo, JPMorgan Chase, Citigroup, and Ally Bank.
A number of executives on Wall Street with links to Wells Fargo, Citigroup, and Bank of America now support Harris in her effort with Biden to defeat Trump.
As Breitbart News reported recently, Wells Fargo Vice Chairman for Public Affairs Bill Daley, who served as Obama’s chief of staff from 2011 to 2012, called a Harris a “reasonable, rational person who has worked in the system.”