Major corporations have been weaponizing their financial power against conservatives for years.
But the tide is finally turning.
And Citigroup made one decision that sent the woke outrage mob into a complete meltdown.
Citigroup ends discriminatory banking restrictions on gun businesses
For nearly seven years, Citigroup maintained a controversial policy that restricted banking services to businesses selling firearms.
The policy required retailers to limit gun sales to people over 21 and was implemented in 2018 following the tragic shooting at Marjory Stoneman Douglas High School in Parkland, Florida.
But on Tuesday, the banking giant announced it was scrapping the discriminatory practice entirely.
“These changes reinforce our commitment to serve all clients fairly, and we will continue to work with regulators and elected officials on ways to improve transparency and trust in the banking sector,” Citigroup stated.
The bank made it clear they were getting out of the business of playing politics with constitutional rights.
“The policy was intended to promote the adoption of best sales practices as prudent risk management and didn’t address the manufacturing of firearms,” the statement read.
“We will no longer have a specific policy regarding firearms,” the statement added.
This represents a massive victory for Second Amendment advocates who have been fighting the weaponization of banking against lawful gun businesses.
Trump administration pressure forces corporate policy changes
The reversal comes after sustained pressure from the Trump administration to end what conservatives call “debanking” – the practice of denying financial services based on political beliefs.
President Donald Trump didn’t mince words when addressing corporate executives about their discriminatory practices.
“You’ve done a fantastic job, but I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank,” Trump told Bank of America CEO Brian Moynihan during a January speech at the World Economic Forum.
Trump was referring to allegations that Bank of America closed accounts belonging to conservative individuals and groups for political reasons.
“You and Jamie and everybody, I hope you’re gonna open your bank to conservatives because what you’re doing is wrong,” Trump added, referring to JPMorgan Chase CEO Jamie Dimon.
The President knows firsthand what it’s like to be targeted by financial institutions for political beliefs.
Trump himself says he’s a victim of “debanking,” with the Trump Organization filing a lawsuit against Capital One, alleging the bank closed its accounts in 2021 for politically motivated reasons.
Gun rights groups celebrate the policy reversal
The National Rifle Association wasted no time praising Citigroup’s decision to end its anti-gun banking restrictions.
“The NRA welcomes the news that Citigroup has rescinded its discriminatory debanking policies targeting gun manufacturers and dealers,” said John Commerford, executive director of the National Rifle Association Institute for Legislative Action.
Commerford noted how left-wing activists had pressured banks into adopting these discriminatory measures.
“Citigroup and other banks were pressured by left-wing activists to implement these measures in an attempt to restrict the lawful sale of firearms,” Commerford explained.
The policy change represents more than just corporate America backing down from woke activism.
It signals that businesses are finally recognizing they cannot discriminate against entire industries based on political pressure from radical activists.
Broader fight against political discrimination continues
Citigroup’s decision represents more than just backing down from activist pressure.
The bank also updated its employee handbook to explicitly ban political discrimination in hiring and services.
This puts political beliefs on the same protected level as race and religion within the company’s operations.
Republican lawmakers have been working to pass federal legislation preventing financial institutions from targeting businesses based on politics.
U.S. Senator Kevin Cramer (R-ND) sponsored the “Fair Access to Banking Act” in February, attracting support from 40 fellow Republicans.
The proposed law would punish banks that deny services to legal businesses for political reasons rather than financial risk.
Commerford praised the legislation, saying it would “prevent other financial institutions from denying banking services to constitutionally protected industries.”
Corporate America retreats from woke banking policies
Citigroup’s policy reversal signals that corporations are finally abandoning their political crusades against conservative businesses.
For nearly a decade, major banks weaponized their financial power to advance left-wing political goals.
They systematically targeted gun manufacturers, energy companies, and conservative organizations through discriminatory lending practices.
But Trump’s return to the White House has changed the political climate dramatically.
Corporate executives now realize they can’t use taxpayer-backed banking privileges to wage political warfare.
The message from Washington is crystal clear: serve all Americans fairly or face serious consequences.
Gun rights advocates are celebrating this breakthrough, but they know the fight isn’t finished.
Every major financial institution needs to end discriminatory practices that violate Americans’ constitutional rights.
This victory proves that sustained political pressure can force corporate America to respect the law.
