A dozen Republican-led states are taking action against Bank of America for allegedly de-banking Christian and conservative groups. Led by Kansas Attorney General Kris Kobach, these states are demanding an explanation from the financial institution for its account cancellation policies.
The letter obtained by DailyMail.com highlights concerns over Bank of America’s alleged discrimination against clients with certain political or religious beliefs. This comes after it was revealed that the bank provided private consumer financial data to the FBI and U.S. Treasury to aid in investigations related to the January 6 Capitol protest.
Kobach’s letter to Bank of America CEO Brian Moynihan accuses the bank of conditioning access to its services based on preferred religious or political views. The letter emphasizes the importance of free speech and religious freedom, calling the bank’s behavior a serious threat.
Bank of America has denied any discrimination based on religious beliefs, stating that they provide banking services to non-profit organizations affiliated with diverse faith communities. However, the letter details instances where Christian groups like the Timothy Two Project International and Indigenous Advance had their accounts canceled by the bank.
The attorneys general are requesting a response from Bank of America within 30 days of receiving the letter, which is expected to be sent on Tuesday. This development sheds light on the ongoing debate surrounding the intersection of financial institutions, political beliefs, and freedom of speech.