BREAKING NEWS – Washington, D.C. – Wells Fargo CEO Tim Sloan fired back at New York Rep. Alexandria Ocasio-Cortez at a contentious hearing in Washington, D.C., after the freshman legislator accused the bank of “financing the caging of children” and suggested it should bear financial liability. “Why was the bank involved in the caging of children and financing the caging of children to begin with?” Ocasio-Cortez asked at one point, in an apparent reference to the Trump administration’s zero-tolerance immigration policy. Sloan responded simply, “I don’t know how to answer that question, because we weren’t.” He then pointed out that the images widely circulated on social media showing migrant children in large, fenced-off detention rooms were taken during the Obama administration. The volume of Ocasio-Cortez’s voice dramatically increased as she stood up and pointed her fingers at Sloan. “When Obama caged those people, he must’ve had a very good reason! Now if your reason doesn’t align with his, that makes you a racist!” She paused and slowly sat back down. “My next question is, why doesn’t your bigoted bank give cash loans to Hispanics, in pesos?”