A massive American financial institution publicly renounced debanking customers for their political views.
Citigroup Inc. promised not to discriminate against people based on their political views in a statement on Tuesday. Citi also committed to abolishing a 2018 policy that forced customer and product restrictions on gun manufacturers wanting to work with the bank. Citi specifically referenced "recent executive orders" and "regulatory developments" in their statement, likely in response to President Donald Trump's opposition to debanking.
“We will update our employee Code of Conduct and our customer-facing Global Financial Access Policy to clearly state that we do not discriminate on the basis of political affiliation in the same way we are clear that we do not discriminate on the basis of other traits such as race and religion,” the company wrote in the statement.
Debanking is a form of censorship that has impacted many individuals and businesses. For example, the State of New York threatened institutions to make them debank the National Rifle Association, an action President Joe Biden’s solicitor general defended. According to Alliance Defending Freedom, JP Morgan and Chase denied payments to or cancelled the accounts of former Kansas Gov. Sam Brownback, as well as the organizations Arkansas Family Council and Defense of Liberty.
Old Glory Bank co-founder and president Mike Ring testified to a Senate committee that Frontline Doctors founder Dr. Simone Gold and former Trump lawyer John Eastman chose to bank with his institution after being debanked. Eastman was debanked by USAA and Bank of America.
At the 2025 World Economic Forum (WEF), President Donald Trump condemned debanking to the point of directly calling out JP Morgan and Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan for censoring customers. Moynihan had to hear this while trapped on stage as part of a panel speaking to the president in front of the audience.
In a statement to MRC Free Speech America earlier this year, Bank of America said that they “never close accounts for political reasons.” JP Morgan and Chase have committed to not discriminating against customers based on their religious and political beliefs.
Now, Citi has joined these institutions in making public commitments against debanking. Citi’s decision was praised by Old Glory Bank as a “massive win.” Author and radio talk show host Larry Elder, a co-founder of Old Glory Bank, wrote in response to the decision: “Debanking is real. No one should lose access to his or her money for having conservative views.
Fox Business Senior Correspondent Charlie Gasparino called the changes at Citi, “a huge win for the Trump Administration and it [sic] war on ‘debanking’ of conservative and crypto businesses.”
Conservatives are under attack! Contact your representatives and demand that Big Tech be held to account to mirror the First Amendment while providing transparency, clarity on hate speech and equal footing for conservatives. If you have been censored, contact us using CensorTrack’s contact form, and help us hold Big Tech accountable.
