Opinion | Bishop T.D. Jakes wrongly forgives Wells Fargo of its sins

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Opinion | Bishop T.D. Jakes wrongly forgives Wells Fargo of its sins
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Inside the unholy alliance between the country's most famous Black preacher and Wells Fargo.

claiming that the sham interview policy had hurt the company’s reputation and stock value. In a written statement to Bloomberg Law, a spokesperson said, Wells Fargo “is deeply committed to diversity, equity and inclusion. We disagree with the claims, and look forward to defending ourselves against them.”

Despite what the company says in its statements about its commitment to fair hiring practices and fair lending practices, there appears to be a pattern with Wells Fargo, one that the National Black Church Initiative thought was troubling enough to call for a boycott.

Jakes said, “That settlement that came out came from the previous administration. They have a new leader now. They have a new administration and they're beginning to right some of the wrongs.” He said, “Wells Fargo stood up and said, you know, I'm willing to make this unlikely alliance, this very unique alliance.

Jakes has pointed out that Wells Fargo is partnering with T.D. Jakes Group, not The Potter’s House, his church.

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