Major US banks respond to Republican pressure, adjust policies to prevent political risks

According to The Wall Street Journal, major US banks including JPMorgan Chase, Citibank, and Wells Fargo are intensifying their meetings with officials from states such as Texas and Oklahoma to respond to allegations of discrimination in the gun manufacturing and fossil fuel industries. Some banks have updated their policies, emphasizing that they will not discriminate against customers based on their political stance to avoid being blacklisted by more Republican dominated states.