In a rare case of Republican leadership taking on Big Business, Attorney General Jeff Landry has sent a clear message to JP Morgan Chase that the state of Louisiana will not do business with the the bank if it continues to function as a privatized arm of Gun Control Inc.
Larry Keane, the Senior Vice President for Government and Public Affairs at the National Sports Shooting Foundation (NSSF), noted that JP Morgan Chase "is the largest bank in the country with a balance sheet of nearly $3 trillion dollars." However, Landry was not fazed by JP Morgan Chase's size and sent the banking titan's CEO Jamie Dimon a letter saying, “I do not believe the state of Louisiana is best served by doing business with companies that attempt to profit from the State while denying its citizens the ability to exercise their constitutional rights.”
One new strategy that Democrats have pursued in order to carry out their anti-gun agenda is by using businesses to deny services to gun vendors and gun owners. Ultimately, anti-gun Democrats want these companies to serve as private gun control enforcers.
Back in 2019, New York Congresswoman Carolyn Maloney pressed Dimon about a letter he wrote in which the JP Morgan Chase CEO stated that the bank has a duty to deny business from "low character" clients. Maloney inquired about how Maloney did not implement anti-Second Amendment policies similar to those of Bank of America and Citigroup.
“We can certainly consider that,” Dimon replied. After much pressure, JP Morgan Chase eventually adopted anti-Second Amendment business practices.
In May 2021, Dimon gave a testimony before the US House Financial Services Committtee where he revealed his true anti-gun colors. Dimon replied to a question from civilian disarmament proponent Pennsylvannia Congresswoman Madeleine Dean, declaring that the bank "… does not finance the manufacture of military-style weapons for civilian use.”
Keane noted that in Dimon's past statement, he "dismissed the fact that Modern Sporting Rifles (MSRs) are legal and so is manufacturing them."
In addition to serving as Lousiana's AG, Landry sits on Lousiana's Bond Commission. Keane noted that this commission "oversees and decides what banks finance the bonds and underwriting for the state’s infrastructure projects."
JP Morgan claimed that it did not enact financing policies that infringed on the Second Amendment rights of lawful Louisianans when it filed a “Solicitation for Offers” to the Louisiana Bond Commission.
Landry informed Dimon of the implications of the bank's underhanded gun control policies.
“As Attorney General, I have continuously fought to protect the rights of our citizens under the Second Amendment of the United States Constitution,” Landry stated in his letter. “I believe that the Bond Commission should not conduct any business with an entity that discriminates against law-abiding citizens and businesses in the State of Louisiana.”
As of now, JP Morgan must reassess its "SFO" and stay answering questions, lest it want to lose more than $1.1 billion in state business.
Other red states should take note and use state power prudentially to curb the influence of corporate entities that hate American freedoms. We have to remember that the Left is fighting unconventionally these days. They will use whatever means possible — political or non-political — to see their vision through.
This recquries Second Amendment activists to fight back at every step and constantly exercise vigilance to make sure that we are never caught flat-footed by Gun Control Inc.