Chase Bank Rolls Back De-Banking Policy

JPMorgan Chase & Co. | Image by Jonathan Weiss/Shutterstock
JPMorgan Chase & Co. | Image by Jonathan Weiss/Shutterstock

Fox News reported that JPMorgan Chase rolled back a policy de-banking conservatives:

“A Christian law firm is applauding a major bank chain for rolling back one of its controversial policies that led to the de-banking of several conservative individuals and nonprofit organizations over the last few years.

“JPMorgan Chase, the largest bank in the U.S., rolled back its WePay service that required merchants to refrain from accepting payments or using the service for activities related to “social risk issues,” which the bank defined as anything “subject to allegation and impacts related to hate groups, systemic racism, sexual harassment and corporate culture.”

“The language was removed from the company’s WePay terms of service, the Alliance for Defending Freedom (ADF) discovered this month.”

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