Citigroup, one of the country's largest financial service firms
has recently announced that it will no longer require retail clients
to restrict gun sales as a condition of service, clarifying that Citi
"does not discrimination the basis of political affiliation in the
same way we are clear that we do not discriminate on the basis
of other traits such as race and religion." This is a reversal of the
policy enacted by Citi in 2018 on the heels of the Parkland,
Florida shooting that informed that Citi would no longer do
business with retailers that sold guns to individuals under 21,
along with other restrictions. The change in policy came about
after Republicans became increasingly alarmed and angry over
the possibility of politically driven de-banking a' la that which
was used against the Canadian truckers who protested against
Canadian anti-Covid lockdowns three years ago.
President Trump also brought up the subject of de-banking
at the World Economic Forum, and Republicans in Congress
have introduced legislation to prevent it from being implemented
in the United States. Yet another sign of the new times which have
taken hold in our country with a most refreshing and necessary
change of leadership.
MEM
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