Citigroup Prepared To Back Off On Anti-Second Amendment Stance
Tom Knighton / BEARING ARMS
It wasn’t all that long ago when I wrote story after story of
firearm-related businesses finding themselves cut off from services in
the financial sector. It was frustrating because I’m a free-market kind
of guy and I didn’t really see what could be done to stop it, especially
since the then governor of New York was pushing them to do just that.
Yet Texas seemed to stumble on a way. As one of the largest states, financial companies desperately want to do business with it. As a customer, though, they’re free to determine who they wish to do business with, same as you or I would.
They said they wouldn’t do business with any company that did such things. Now, one of those companies is ready to do just that.
Citigroup Inc. says it’s prepared to restart its public-finance business in Texas after halting the operations in the wake of a new Republican law in the state that sought to bar it and other banks from such work as punishment for restrictive gun policies. Read more here.
