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Citigroup has canceled a policy that has stopped working with companies selling firearms in the most recent sign of American’s approach to major political issues under pressure from Donald Trump.
On Tuesday, the Wall Street Bank canceled a rule in 2018 to restrict his relations with firearms sellers and abolished a rule to restrict his relations with firearms.
Citi’s decision to remove firearms policy represents a turn of a matter with a lightning rod in American politics and culture for a long time.
Trump, the government, the predecessor, said the policy of weapons in Joe Biden administration will consider weapons policy that could violate the constitutional rights to the owner of weapons. There was a strong critic of corporate policies that support social reasons.
New York-based Citi, in 2018 in Florida in 2018, he served in 2018 17 people died In one of the worst events in US history.
The group, as soon as it is placed in the spot of politics, because we know that we all need to change as society. And we must do ourselves as a company. ”
At that time Citi’s CEO Mike Corbat also said that the group also said in the 2018 shareholder meeting, “I was intended to maintain the best sales experience in the wrong hands.”
To sell firearms to people under 21, the bank’s customers and partners are required for policies and partners or background checks. It is also necessary not to sell dealers’ bump stocks or high-capacity magazines.
Citi, at the same time, we will explain that we will change our policy clearly, we will explain that we have clearly express the basis of our symptoms such as race and religion, he added that “this will cod a long time.”
The change claimed that Trump’s refusal to serve some US banks according to political affiliation.
Concerns on “Evaluation” and “Regulatory Development” and “Regulatory Development, Recent Executive Development, Recent Executive Rules and Federal Legislation” concerns about “regulatory development and federal legislation.”
He is designed to promote the reception of the best sales of firearms as “the best sales practices as careful risk management,” but “did not touch the production of firearms.”
“Many retailers follow these best practices and hope that communities and MPs will continue to look for ways to prevent the tragic consequences of weapons violence,” he said.
