Citigroup Revokes Firearm Business Restrictions in Policy Update

Overview

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Citigroup has lifted its previous restrictions on banking services for firearm businesses, effective immediately.

The bank's policy changes aim to prevent discrimination based on political affiliation in financial services.

The original restrictions were implemented in March 2018 after a mass shooting at Marjory Stoneman Douglas High School.

These guidelines were briefly reversed after the Parkland shooting in 2018, reflecting the bank's evolving stance on firearm-related policies.

The update is part of Citi's broader commitment to ensure fair access to financial services for all customers.

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Criticizes Citigroup's reversal of gun policy shortly after the Parkland mass shooting.