Major Bank Gets SMACKED For Anti-2A Policies

If you’re like me, you’re sick and tired of anti-2A zealots getting their way with lawmakers and large companies, pushing their viewpoints, and (intentionally or not) trying to make law-abiding Americans less safe.

It’s infuriating and frustrating.

Fortunately, though, over the last few years, we’ve started to see a few politicians who have the courage to stand up to the woke mob and push back against attempts to steal our rights.

One of those people, at least in today’s story, is the Governor of Texas, Greg Abbott. Recently, Abbott’s administration smacked one of the biggest banks in the world because of that bank’s anti-2A policies, and all red-blooded, true blue Americans want to see more of that. Ryan Morgan writes,

Citigroup was dropped from plans to underwrite Texas’ largest ever municipal bond—a $3.4 billion plan to raise investment in the state’s natural gas industry—over its oppositional stance to the firearms industry.

Citigroup was initially included among the list of firms that could underwrite the $3.4 billion bond. On Thursday, the board of the Texas Natural Gas Securitization Finance Corp. met to “reconstitute” the underwriting structure for the bond, Bloomberg reported. Citigroup no longer appeared among the list of bond underwriters after that meeting.

The Texas legislature passed a law in 2021, Texas Senate Bill 19, prohibiting public contracts with public companies deemed to be discriminating against the firearms industry.

On Jan. 18, Texas Attorney General Ken Paxton’s office announced it had designated Citigroup as an entity that discriminates against the firearms industry.

“It has been determined that Citigroup has a policy that discriminates against a firearm entity or firearm trade association,” wrote Leslie Brock, the Assistant Attorney General Chief for the Texas Attorney General’s public finance division reported Reuters.

“Citi’s designation as an SB-19 discriminator has the effect of halting its ability to underwrite most municipal bond offerings in Texas,” Paxton’s office said.

Now, if the executives over at CitiBank have any sense (I know, I know, high hopes on my part), then, they’ll abandon their anti-2A policies and allow law-abiding citizens to continue to own firearms and to protect themselves without harassing them.

I’m not optimistic about that happening, though, so, it’s likely that we’re going to see a few more major banks and corporations who take a painful hit to their profits before they decide to get back to their real jobs: satisfying the needs and wants of the people who pay them without trying to control private people.

And I’ll be (not so) secretly enjoying them get the spanking they deserve for being bad little children with bad attitudes as long as that continues.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here