Alaska’s Attorney General Treg Taylor, along with a coalition of attorneys general from states across the U.S., signed a letter of complaint to JP Morgan Chase regarding its alleged unfair treatment of certain Christians.
The letter, addressed to JP Morgan Chase CEO Jamie Dimon, highlights the contradiction between the bank’s professed “openness and inclusivity” and its persistent discrimination against certain religious liberty groups.
Kentucky Attorney General Daniel Cameron, leading the coalition’s efforts, wrote, “Chase cannot claim to be ‘inclusive’ and denounce all forms of discrimination while simultaneously marginalizing its clients based on religious and political differences. I am spearheading this coalition to defend the rights of Kentuckians.”
The eight-page letter reminded Chase that it terminated the National Committee for Religious Freedom’s account last year, an action referred to as “de-banking.” The account closure occurred shortly after the group opened an account at a Chase branch in Washington, D.C.
The attorneys general assert that Chase offered to reinstate the account only if the National Committee for Religious Freedom provided a list of donors, a record of supported political candidates, and an explanation for its endorsements.
The letter highlights that the de-banking of the NCRF was not an isolated incident. It also mentions the account termination of the pro-life Family Council by a credit card processor owned by Chase, labeling it a “high-risk” group.
In contrast, Chase proudly promotes its high ratings and accolades received from organizations such as the Human Rights Campaign, which advocates for LGBTQ+ rights. Kentucky Attorney General Cameron finds this display concerning, calling it a “troubling double standard.”
The letter added, “This discriminatory pattern exposes many Kentuckians and residents of states represented by the signatories of this letter to the risk of being de-banked without warning or recourse.”
A Republican candidate for Kentucky’s gubernatorial nomination, Cameron urged Chase to cease its discrimination against certain groups based on their religious or political beliefs. JPMorgan Chase & Co. is a U.S.-based multinational financial services company headquartered in New York City, and incorporated in Delaware. It is the largest bank in the country and the world’s largest bank by market capitalization.
In addition to Attorney General Cameron, the letter bears the signatures of attorneys general from Alabama, Alaska, Arkansas, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Montana, South Carolina, Texas, Utah, Virginia, and West Virginia.
This story is co-written by The Center Square’s contributor Steve Bittenbender.
About freaking time.
Now take them to court and make them hurt. Badly.
Remove them from FDIC coverage.
“It’s not discrimation when WE do it!”
– every radical leftist
Don’t you all now that every time openness, inclusivity, etc. Blah Blah Blah is stated, it is a reason to not include a group, mostly white christian conservatives? You should know that by now.
The war on Christianity is blatant these days.
If things continue on this path, there will either be violence or Christian ghettos.
In a way, Bush 43 (pox on him) shares the blame in this.
His administration spearheaded an unprecedented and unnecessary bailout of big banking, just like he did the airlines.
Not only did 43 and co bail out banks that should have been allowed to fail, they created the ongoing moral hazard we have now.
Big banks, especially one who donate in large amounts to the “right people”, can do as they wish. Bad investments. Fiscal irresponsibility. Give themselves giant bonuses while firing the bulk of their workforce, all good. The taxpayers will pick up the bill.
Taylor’s brief is just another waste of electrons. Jpmorganchase is shoulder-deep in Brandon’s pockets, and cashing in on his trainwreck economy, buying up all those failed banks for a song. If you had money deposited (above $250K) in any of these failed banks you lost it, but if you owed them any money you now owe Dimon.
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