Damon, Moinhan says they are not struggling

The CEO of JPMorgan Chase Jimmy Damon and CEO of the American American MiNihan Capitol Hill visited on Thursday morning to meet the members of the Republican Party on the controversial topic in Debanking – the controversial practice of depriving banking services for customers associated with industries or causes that are considered to be Politically sensitive.

Damon and Suvenain met – along with the CEOs in the capital, Trist, Wales Fargo, Bensa Bansa, and the United States Pancorp – with Republicans of the Senate Banking Committee to discuss Debankenge, an issue that conservatives claim to target them in an impartial manner.

Mounehan asked: “Fox Business was asked after meeting whether Bank of America has canceled a customer,” We have 70 million customers, and we are happy to serve anyone. ”

Big Executive Managers of the Bank to meet legislators on Debanking solutions

The DEBANKING case appeared as a hot issue after President Donald Trump criticized Moinhan during his distant speech to the World Economic Forum in Davos, Switzerland, last month, claiming that Bank of America, as well as JPMorgan Chase, restricts banks to reach conservatives.

“They do not take conservative works, and I do not know whether the organizers have imposed this because of Biden or what, but you and Jimmy (Damon) and everyone, I hope that you will open your banks to the conservatives because what you do is wrong.”

Moinhan refused to comment when asked about these specific allegations by Trump, saying: “You have to talk to him about that,” adding that he will not meet with Trump while visiting Washington.

Another major participant at the meeting, Damon, had more to say about this issue, saying that the meeting was “excellent”.

“I think it is very good for people to sit and talk about how to make the country better,” Demon told Fox about the round table.

It is said

When asked if Jpmorgan had specifically participated in the practice of Debanking due to political beliefs, Dimon said it did not happen.

“We do not implement people due to political or religious affiliations, but there are many things that can be reformed. The CEO of JPMorgan said for a long time.

When he was asked to follow up whether the banking organizers blame the issues surrounding Debanking, Dimon said, “To a large extent, yes.”

The visit of the bank’s executives comes as the new Senate Chairman, Tim Scott, gave RS.C. , Priorities of transparency surrounding Debanking.

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In fact, Scott led the Senate Banking Committee in listening to witnesses last week who suffered from Debanking.

Scott described the round table on Thursday as “building”, and said in a statement that Congress needs “the size of the right -wing and arbitrary regulations of the Biden administration.”

“Deepanting must be concerned with all-citizens committed to law and legal companies that deserve to reach financial services-regardless of industry or political affiliation,” said Scott. “My message is clear: there is no organizer, nor a financial institution, higher than the principles of fairness and access to the markets.”