Republican states accuse JPMorgan of freezing customer bank accounts…

Republican states accuse JPMorgan of freezing customer bank accounts…

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Republican attorneys general from 19 states have filed charges JPMorgan Chase & Co JPM to permanently discriminate against and shut down its customers bank accounts without warning.

according to a letter As reported by The Wall Street Journal, JPMorgan has allegedly – and repeatedly – discriminated against clients based on their religious or political beliefs. Law enforcement officials led by Kentucky Attorney General Daniel Cameron sent the letter to JPMorgan CEO Jamie Dimon, the publication reported.

“It is clear that JPMorgan has consistently discriminated against certain clients based on their religious or political affiliations. This discrimination is unacceptable. Chase must stop such behavior and adjust its business practices accordingly.” [anti-discrimination] Policies that Chase is promulgating,” the letter said.

As an example of the bank’s allegedly discriminatory practices, the attorney general cited the closure of an account by a religious freedom organization.

“In May 2022, Chase abruptly closed the company National Committee for Religious Freedom(NCRF) checking account. NCRF is a “nonpartisan, faith-based nonprofit organization dedicated to defending the right of every person in America to freely practice their beliefs.” The NCRF National Advisory Board includes Christian, Hindu, Jewish and Muslim members,” the statement said Letter.

Also read: JPMorgan questions class action status for Jeffrey Epstein’s accusers

According to the complaint, a JPMorgan employee told the group that the bank would restore NCRF’s account if it provided a list of its donors, the political candidates it intended to support and details of the criteria used to select its support and endorsements were identified.

“The bank’s bold attempt to make critical services conditional on a customer passing an unspoken religious or political litmus test is at odds with Chase [anti-discrimination] guidelines. Worse, it runs counter to fundamental American values ​​of fairness and equality,” the attorneys wrote in the letter.

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