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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe GOP's latest nothing-story is starting to push its way up out of the muck...
"19 Republican states accuse JPMorgan of closing bank accounts and discriminating against customers due to their religious or political beliefs"
The group supposedly discriminated against is National Committee for Religious Freedom, whose chairman is Sam Brownback of "nearly ran the state of Kansas into the ground" fame.
The story is that Chase asked the NCRF for a list of it's donors. Pretty standard stuff to comply with OFAC/SDN regulations. The group said no, so Chase "debanked" them (ie said, please take your money elsewhere, we need to follow federal banking regulations). This was last year, by the way.
So now in 2023, all of a sudden the NCRF and a fast growing number of far right / religious media outlets are trying to start a dogpile to pressure Chase to...change its policies and ignore federal banking regulations? That part is not especially clear. Nor is what exactly NCRF did before this controversy, as there are exceedingly few mentions beyond an endorsement for a Florida mayor and a whole list of people using "advisory board member" as part of their credentials.
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The GOP's latest nothing-story is starting to push its way up out of the muck... (Original Post)
NullTuples
May 2023
OP
Me.
(35,454 posts)1. Chase Has MOre Money Than All Of Them Put Together
bet they're not quaking in their boots
NotVeryImportant
(578 posts)2. I wish them luck w/that.
Not really, but let's see how far they get w/this claptrap.
orthoclad
(2,910 posts)3. Debunk debanking!