Finance Politics

Big Bank Discriminates Against Conservative Values, Officials Claim

Nineteen Republican state attorneys general asserted on Tuesday that JPMorgan Chase “de-banked” organizations for their conservative and religious tendencies, calling on the nation’s largest financial institution to respect the viewpoints of their customers.

The officials stated in a letter to the firm provided to The Daily Wire that the National Committee for Religious Freedom, a “nonpartisan, faith-based nonprofit organization dedicated to defending the right of everyone in America to live one’s faith freely,” had its Chase account nixed three weeks into starting a relationship with the company and was asked to provide a list of their donors to the firm. A credit card processor owned by Chase likewise terminated the account for Family Council, a conservative organization working to strengthen traditional family values, while a firm called WePay, which is also owned by Chase, refused to serve Defense of Liberty, a Missouri-based political action committee. Read more…

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