Tag: woke banks

NYC Commission Votes to Freeze Municipal Deposits at Capital One, KeyBank

May 26, 2023
bankNew YorkNew York CityNY NewsRegional & State NewsState NewsUSUS Newswoke banks
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New York City’s banking commission voted Thursday to freeze new deposits at Capital One Bank and KeyBank, saying that the banks failed to submit a plan detailing steps they’re taking to “root out discrimination” in their operation. The 3-0 vote by the commission, consisting of New York Mayor Eric Adams, Comptroller Brad Lander, and Commissioner…

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Red States Fighting ‘Woke’ Banks That Push Anti-Fossil Fuel Policies

August 5, 2022
Business & MarketsCompanieseconomyenergyESG StandardsLocal NewsPoliticsred statesRegional-Local NewsUSwoke bankswoke ideology
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Republican states are fighting efforts by certain banks to push environmental, social, and governance (ESG) standards that promote, among other progressive agenda, anti-fossil fuel policies. Over the past year, at least 15 Republican-led states have proposed policies or laws that would punish banks for taking an anti-fossil fuel stance. State financial officers from Texas, Arkansas, Utah,…

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