Washington, D.C. —"Wells Fargo has been a steadfast supporter of women business owners for the past twenty-one years. Our partnership helps to elevate women into spheres of power, and we value their contribution.
"The recent comments from Wells Fargo CEO Charles Scharf misrepresent black communities and go against everything we believe in and stand for. However, NAWBO does not believe these comments reflect the values of the employees, the boots on the ground, and executives that help continue our NAWBO mission. We hope to help Wells Fargo leadership now and in the future, as they work toward their goals of improving diversity and inclusion both within the company and across the industry, including reinforcing how NAWBO values and seeks a diverse and inclusive membership," said Jen Earle, NAWBO CEO.