Banking giant admits pressuring Intuit into cutting off gun companies

JPMorgan Chase admitted to pressuring the financial software company Intuit into preventing gun sellers from using the company’s payment processing services, according to a letter Sen. Ted Cruz sent Monday after looking into the policy. Bank of America, meanwhile, denied pressuring Intuit into banning gun manufacturers from using its famous QuickBooks software.

“Woke big banks are increasingly weaponizing their power to cut off law-abiding businesses from accessing banking services,” Cruz, R-Texas, told The Daily Signal in an email statement Monday.

“The American people and small businesses must be protected from this discriminatory overreach,” Cruz added. “We cannot allow giant corporations to get away with punishing customers who do not fall in line with the Left’s political whims and leanings.”

https://www.wnd.com/2023/09/banking-giant-admits-pressuring-intuit-cutting-off-gun-companies/