Our Point of View
January 9, 2018

Sloan urges Congress to find a solution for Dreamers

In a new video message, CEO Tim Sloan calls on lawmakers to support the protections provided through the Deferred Action for Childhood Arrivals program.

Nota del editor: También está disponible una versión en español de esta historia.

In a new video message, Wells Fargo CEO Tim Sloan urges Congress to adopt a permanent legislative solution for the immigrant youth impacted by the Deferred Action for Childhood Arrivals program, which is set to expire March 5, 2018.

CEO Tim Sloan delivers a message to Congress Jan. 9 in support of Dreamers. (1:30)

On Sept. 5, 2017, the White House announced the decision to end the DACA program, which provides temporary protections to undocumented immigrants who were brought to the U.S. as children, known as Dreamers. In response, Sloan joined other business leaders across the country and signed an open letter supporting the protections provided through the DACA program. The letter called on Congress to pass legislation that would provide these young people — who were raised in the U.S. — a permanent solution to avoid the risk of deportation. To date, a solution has not been identified, leaving the future of these 800,000 Dreamers in limbo.

With support and encouragement from Latino nonprofit partner organizations, Wells Fargo is continuing its efforts to advocate for an expedient resolution for these young immigrants — hundreds of whom are Wells Fargo team members.

As the program expiration date looms, hundreds of Dreamers are losing their legally protected status every day — putting their ability to live and work in the U.S. in jeopardy.

“What happens with Dreamers is important to Wells Fargo, because it affects our customers and their families,” said Sloan. “It also affects our own team, since some Dreamers already work for Wells Fargo. Given our commitment to diversity and inclusion, we hope others will join the company, too.”