After the murder of George Floyd, five of the largest banks in America – JP Morgan, Citi Bank, Wells Fargo, US Bank, and Bank of America – all pledged to do more to advance racial equity.
Historically, banks have been lead actors in the creation and continuation of the racial wealth gap, from inhibiting equitable access to credit, to diminishing access to everyday banking services in communities of color.
So Ayanna is holding them accountable to their commitment to change their practices. This week, she sent a letter to the CEOs of these five banks, demanding transparency and detailed financial reports on the concrete steps they have (or have not) taken on their pledges to advance racial justice.
Black people throughout history have been denied opportunities to grow wealth and achieve financial prosperity. The harm was very precise. And so the work of restorative justice, of racial justice, of justice for Black Americans, has to be just as precise.
Ayanna is committed to the intersecting work of economic justice and racial justice and she will always demand accountability.
Are you committed to dismantling the racial wealth gap and working towards restorative justice? If you’re with Ayanna, please contribute $3 right now to support her work to hold these five banks accountable to their own pledges.
Thank you so much for taking action,
The A-Team
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Paid for by the Committee to Elect Ayanna Pressley
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