Story perspectives
Citigroup Lifts Ban on Firearm Industry Banking Services
6/4/2025
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Story summary
- Citigroup has reversed its seven-year ban on banking services for firearm manufacturers and sellers, a policy established after the tragic Parkland shooting in 2018. This shift comes amid mounting political pressure over "debanking" practices, with the bank emphasizing its commitment to non-discrimination based on political beliefs.
