| Nineteen
Republican state attorneys general accused JPMorgan Chase of religious
discrimination in its business practices, claiming the bank denied customers banking services based on political or religious affiliations. Chase denies the allegations and says it would never exit a client relationship due to political or religious affiliation. - The Republican officials sent a letter to Chase CEO Jamie Dimon, demanding responses to detailed survey questions regarding conservative concerns and policies.
- The
accusations come ahead of Chase's annual shareholders' meeting, where
an investor has submitted a resolution asking for an investigation into
the GOP claims.
- The campaign against Chase highlights
businesses' increasing challenge in navigating ideological and partisan
differences across states.
- Conservative advocates argue that
corporations prioritize gay rights and reproductive health access over
the freedom to oppose such initiatives for religious reasons.
- The campaign against Chase is part of a broader effort to target financial institutions based on their environmental, social, and governance (ESG) policies.
- In March, 14 GOP state treasurers wrote a similar letter to Dimon, making the same accusations.
|
