BELLEVUE, WA – The Citizens Committee for the Right to Keep and Bear Arms joined five other leading gun rights organizations blasting some of the nation’s largest banking institutions for participating in “a brazen and ideologically driven campaign to undermine the Constitutionally protected right of all Americans to keep and bear arms.”
The bombshell letter lays bare efforts to damage conservatives and especially the gun rights movement.
CCRKBA is joined by the Second Amendment Foundation, National Rifle Association Institute for Legislative Action, American Suppressor Association, Gun Owners of America, and National Association for Gun Rights. The letter went to Jamie Dimon CEO, JPMorgan Chase; Brian Moynihan CEO, Bank of America, and Rene Jones Chairman, Bank Policy Institute. Together, CCRKBA and its colleagues accuse the banking institutions of attempting to debank gun rights groups and conservatives during, and between, the Obama and Biden administrations.
In their letter, the groups write, “When your banks announced your policies to limit business with gun manufacturers, you did not point to regulatory pressure, but cited your ‘values’ and ‘corporate responsibility.’ Some of your most restrictive debanking policies came in 2019, when neither Obama nor Biden were even in office. Thankfully, President Trump has seen through that revisionist history and rightly called out your very organizations for targeting him and other law-abiding American organizations and industries with which you disagree. His executive order to end the practice of debanking once and for all is yet another deliverable on his promise to fight against rabid, woke ideology that has taken root in our institutions and eroded the public’s trust.”
But the letter also declares that it was “shocking and perplexing” when the banks attempted to “point the finger at Biden- and Obama-era regulators for discriminatory debanking.”
“Rather than taking responsibility for unjust targeting of our industry and other causes and individuals considered right-leaning,” the letter states, “including President Donald Trump and his family members, your representatives attempted to whitewash your well-documented history of targeting firearms manufacturers, retailers, and pro-Second Amendment non-profit organizations.”
“Clearly,” said CCRKBA Chairman Alan Gottlieb, “banks adopted a policy aimed at choking the financial stability of various Second Amendment-oriented organizations and businesses. As we say in the letter, we want a formal, public commitment from these financial institutions that they will no longer attempt to debank or otherwise discriminate against our companies or organizations. Such a public statement would align with other proclamations they have made to the administration and the media about their purported commitment to fair banking.”
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