Back in 2018, Citigroup announced a new U.S. Commercial Firearms Policy that they would no longer be offering banking services to firearms companies unless they met these stringent requirements:
They don't sell firearms to someone who hasn't passed a background check
They restrict the sale of firearms for individuals under 21 years of age.
They don't sell bump stocks or high-capacity magazines.
Those points sound like they were ripped right out of the gun-control laws the Democrats keep passing.
Back in January, President Trump called out the banks that have been de-banking conservatives at the World Economic Forum.
It looks like Citi Group is getting ahead of that train by scrapping its firearm policy.
But they didn't stop there. They also released a statement saying they will not be de-banking anyone based on their political affiliation:
We will update our employee Code of Conduct and our customer-facing Global Financial Access Policy to clearly state that we do not discriminate on 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.
They also said they were putting new trainings into place to ensure their employees comply with this new stance.
The winds of political change are blowing back toward freedom.
(Not sure how many customers this is going to win them, though - and the wokies might not be too happy!)
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