Posted on 10/19/2021 7:08:33 PM PDT by E. Pluribus Unum
Louisiana Attorney General Jeff Landry sent a letter to JP Morgan Chase letting the company know it will not be an eligible state infrastructure underwriter unless it pledges to avoid polices that restrict or discriminate against Second Amendment rights.
On October 18, 2021, the Hayride reported Landry’s letter, noting that Landry is not only Louisiana’s AG but also sits on the state’s Bond Commission.
Landry’s letter was addressed to JP Morgan chairman and CEO Jamie Dimon, and said, in part:
Your recent testimony before the United States House of Representatives, Financial Services Committee, on May 27, 2021, has called into question your ability to do business in several states, including Louisiana. In this testimony, you stated the following in response to a question from Rep. Madeleine Dean: “We do not finance the manufacture of military-style weapons for civilian use.”
He then went on to cite a Solicitation for Offers (SFO) form that JP Morgan submitted in 2020, in order to be considered for underwriting of Louisiana infrastructure projects.
Landry pointed to Question No. 15 on the SFO, noting its language:
Certify whether your firm, either itself or through its parent company has policies that: a) Restrict or would otherwise infringe on the constitutionally protected rights of the citizens of the State to lawfully keep and bear arms, b) Discriminate against citizens based on the citizens’ exercise of their constitutional rights, or c) Otherwise unlawfully discriminate against of the State.
Landry noted that JP Morgan claimed to have no policies restricting or infringing constitutionally protected Second Amendment rights in 2020, but believes the company “may wish to reconsider…[it’s] certification to the Bond Commission.”
(Excerpt) Read more at breitbart.com ...
Could you imagine allowing a business to operate in a state, if the business didn't allow their female employees to vote? Didn't pay their employees and in effect treated them like slaves? There is no room for a korporation that violates citizens' inalienable rights. Let JP Morgan take their business to Russia and Communist China.
Atta boy, jeff
Didn’t Texas just do this same tactic on chase bank or was it JP Morgan? So the second state to limit banks based on their practices? Who’s next?
EVERY red state needs to do this. Just as Cuomo leaned on all the big banks threatening them with audits and regulations if they did not toe his gun grabbing line, red states need to inform them that carrying Cuomo’s water comes at a cost to them.
They’ll take notice when they find it difficult to do business in 25-30 states. That is the only thing that will stop the runaway corporate wokeness. Its long past time we leveraged our economic power the same way Leftists leverage theirs.
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