Major bank announces end of de-banking policies on guns and political affiliation

After years of criticism from the right about unfair “de-banking” practices, a major U.S. bank announced the end of the policy as it relates to political affiliation and gun sales.

Citigroup announced that they changed their firearms policies, which had been instituted after the heinous 2018 school shooting in Parkland, Florida.

“We appreciate the concerns that are being raised regarding ‘fair access’ to banking services, and we are following regulatory developments, recent executive orders and federal legislation that impact this area,” the bank said in a statement.

The statement said Citigroup had updated its employee code of conduct to ensure that no one was discriminated against on the basis of their political affiliation.

Among those who claimed they were the targets of political de-banking were first lady Melania Trump and Eric Trump, who said the Trump Organization had been negatively affected.

In October, the first lady recalled in an interview the shock she felt on finding out a bank had “suddenly informed me they will not be able to do business with me anymore.”

She also said that a university returned her money when she tried to contribute to a philanthropic effort to fund scholarships for foster kids.

“They didn’t want to do business with me because of political affiliation, my political beliefs,” she added.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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