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Pressure from free-speech law firm forces Chase to eliminate language that allowed it debank conservatives

JP Morgan Chase: eager to blacklist you for your opinions
Maybe slightly less eager, but only slightly less

Bring a gun to a knife fight: For reasons that appear related to pressure from the conservative free-speech law firm the Alliance Defending Freedom (ADF), JPMorgan Chase has eliminated language in its payment services policy statement that allowed it to cancel conservative clients merely because it disliked those clients’ politics.

JPMorgan Chase, the largest bank in the U.S., rolled back its WePay service that required merchants to refrain from accepting payments or using the service for activities related to “social risk issues,” which the bank defined as anything “subject to allegation and impacts related to hate groups, systemic racism, sexual harassment and corporate culture.”

The language was removed from the company’s WePay terms of service, the Alliance for Defending Freedom (ADF) discovered this month.

For the past three years ADF has issued what it calls its Viewpoint Diversity Score Business Index, designed to “measure corporate respect for free speech and religious freedom across 43 performance indicators.” Each year it consults with the 85 corporations on its list in an attempt to get them to eliminate policies that encourage the debanking of conservative individuals or organizations. In the case of Chase, a sustained effort over two years eventually caused the company to remove that language.

In 2022, Chase canceled the account of former U.S. Ambassador Sam Brownback’s National Committee for Religious Freedom without explanation. The cancelation and Chase’s two denials of payment processing services to conservative groups Defense of Liberty and Arkansas Family Council in 2021 are part of a rising trend of apparent politicized de-banking by Chase and other major banks like Bank of America. Last year, 19 state attorneys general and 14 state financial officers sent letters calling on Chase to provide transparency by participating in the survey portion of the Business Index, while financial advisor David Bahnsen filed a shareholder resolution urging Chase to do the same.

In 2022 and 2023, Chase representatives avoided engaging with ADF on the Business Index. By the end of 2023, the bank had quietly dropped its payment processor WePay’s “social risk” policy that included subjective terms like “hate” and “intolerance” and allowed bank employees to cancel or punish customers based on their viewpoints.

ADF logo

ADF still considers Chase’s ranking on its index to be very low (only 9% out of a possible 100%). Worse, it appears to be somewhat typical for the companies on ADF’s index. “Overall, 76% of scored companies, including all 21 digital service providers from Amazon to Zoom have vague or subjective terms of service that threaten their customers with cancelation or punishment.”

Even so, Chase’s policy change is a step forward.

1792 Exchange: Exposing oppression in corporate America
1792 Exchange: Exposing blacklisting in
corporate America

ADF’s list, along with the 1792 Exchange’s Corporate Bias Ratings, are very useful tools for anyone interested in finding a freedom loving bank. Why put your money in a bank that likes to blacklist people because of their opinions? Not only do such fascists not deserve support, they clearly aren’t putting your financial interests first.

In addition, if you need legal help when one of these banks debanks you, this list, Where to get legal help if you have been illegally blacklisted, is equally useful. Though progress has been made, I guarantee that there are many people who work for these large corporations who remain quite eager to illegally blacklist people. When they do it to you, the law firms on that list are there to help you fight back, and win.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

2 comments

  • John

    JPMorgan Case paid almost $0.3 billion to epstein victims. “JPMorgan Chase will not admit liability in the case, but upon the settlement’s approval the bank will put out a statement regretting its association with Epstein, David Boies, one of the victims’ attorneys, told CNN.”

    Yeah, they regret he got caught and their association with the flow of underage girls stopped. We’re just paying because what’s $290 million? Evil, nothing more nothing less.

    It’s no coincidence that debanking, censorship, sex trafficking of children, lawfare, tyranny, etc. all line up with the leftists.

  • Ditty, ditto, sorry he got caught.

    Damn video cameras.

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