America’s largest banks continue to face allegations that they are de-banking customers over their political or religious views.
At a Bank of America shareholder meeting on April 24, a shareholder group accused the bank of discriminating against conservative and Christian groups, and asked the bank to conduct an internal investigation to determine how widespread this practice may be.
“Banks must restore trust with the American public,” Jeremy Tedesco, senior counsel at the Alliance Defending Freedom, stated at a press conference following the shareholder meeting.
“Providing needed transparency about questions regarding politicized de-banking is a clear path toward rebuilding this trust, and we will continue to call upon major banks like Bank of America to reverse course, stop evading their own shareholders, and correct the underlying policies that lead to de-banking.”…
