Citi has announced the discontinuation of its pro-gun-safety policy, which restricted firearms sales for business clients, following increasing pressure from conservative groups and political leaders. Established in 2018 after the tragic mass shooting at Marjory Stoneman Douglas High School, the policy required clients to adhere to certain conditions regarding gun sales, including background checks and age limitations.
Along with scrapping this policy, Citi will revise its employee and customer policies to explicitly prohibit discrimination based on political affiliation. This decision arrives amid concerns over “debanking,” where financial institutions allegedly refuse services to clients based on political beliefs. Citi’s commitment to redefining its approach highlights the ongoing tension between corporate policies on public safety and prevailing political sentiments in the U.S.
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