2022-090441: “Dear Madam or Sir: We would like to receive any and all
   records concerning NAACP, Goldman Sachs, Wells Fargo and PayPal
   collusion, where facts and figures beg the question of coordinated
   systematic racism associated with PayPal's conditional Bitlicense
   award. We would like to receive any records that would indicate NY-DFS'
   insights into both PayPal and Wells Fargo partnering to organize a
   clear scheme to profit off of New York's minority population (according
   to the details below). We would like to receive any and all records
   that indicate New York State NOT choosing to ignore the relevant facts
   associated with this matter. Furthermore, we would like to receive any
   and all records that indicate the New York State Retirement Fund is not
   being leveraged as a key investor in the associated scheme. Below
   kindly find detail that supports this records request: *March 11,
   2022:* Bloomberg reported that Wells Fargo approved fewer than half of
   Black applicants were approved by the biggest bank mortgage
   lender: [1]https://www.bloomberg.com/graphics/2022-wells-fargo-black-ho
   me-loan-refinancing/ *August 19, 2021:* Wells Fargo Launches Passive
   Bitcoin Fund for Wealthy Clients, minority and low income clients
   excluded: [2]https://www.nasdaq.com/articles/wells-fargo-launches-passi
   ve-bitcoin-fund-for-wealthy-clients-2021-08-19 *October 22, 2020:
   *PayPal first to receive NY conditional virtual currency 'Bitlicense.'
   PayPal Inc. became the first firm to receive a conditional virtual
   currency license from the New York State Department of Financial
   Services*:
   * [3]https://today.westlaw.com/Document/Ib5cd5e2f149c11ebbea4f0dc9fb695
   70/View/FullText.html?transitionType=Default&contextData=(sc.Default)&V
   R=3.0&RS=cblt1.0 *July 23, 2021, Wells Fargo Stock Ownership: *
   Ownership (NYS:WFC) Total Shares Outstanding 13F Ownership # of 13
   Holders Insider Ownership 4,107,998,274.00 77.05% 2,062.00 0.12% Top 10
   13F Holders 13F Holders % Total Shares Held % of Portfolio Trend Prev.
   8 Quarters Current Shares Market Value (B), USD New York State Common
   Retirement Fund 0.26% 0.46% 10,617,151 $414.81M New York State Teachers
   Retirement System 0.13% 0.44% 5,219,084 $203.91M Bank of New York
   Mellon Corp 0.77% 0.25% 31,624,345 $1.24B *July 23, 2021, PayPal Stock
   Ownership: * Ownership (NAS:PYPL) Total Shares Outstanding 13F
   Ownership # of 13 Holders Insider Ownership 1,174,728,054.00 86.69%
   2,661.00 6.11% Top 10 13F Holders 13F Holders % Total Shares Held % of
   Portfolio Trend Prev. 8 Quarters Current Shares Market Value (B), USD
   Bank of New York Mellon Corp 0.97% 0.57% 11,452,187 $2.78B Goldman
   Sachs Group Inc 0.64% 0.46% 7,554,169 $1.83B Wells Fargo & Co 0.64%
   0.41% 7,465,572 $1.81B New York State Common Retirement Fund 0.20%
   0.62% 2,317,196 $562.71M New York State Teachers Retirement System
   0.13% 0.80% 1,521,757 $369.54M
   ---------- Forwarded message ---------
   From: <[4]Edward.Meltzer@dfs.ny.gov>
   Date: Mon, Sep 12, 2022, 3:33 PM
   Subject: Your Freedom of Information Law (FOIL) Request
   FOIL-2022-090441-018124
   To: <[5]G@xny.io>

   Good afternoon,


   Attached please find correspondence from the NYS Department of
   Financial Services, pertaining to your FOIL request.


   Thank you.

   Tracking Number:FOIL-2022-090441-018124

References

   1. https://www.bloomberg.com/graphics/2022-wells-fargo-black-home-loan-refinancing/
   2. https://www.nasdaq.com/articles/wells-fargo-launches-passive-bitcoin-fund-for-wealthy-clients-2021-08-19
   3. https://today.westlaw.com/Document/Ib5cd5e2f149c11ebbea4f0dc9fb69570/View/FullText.html?transitionType=Default&contextData=(sc.Default)&VR=3.0&RS=cblt1.0
   4. mailto:Edward.Meltzer@dfs.ny.gov
   5. mailto:G@xny.io