Louisiana AG Blocks Banks From Closing $600 Million Deal Due To Their Gun Control Views
Louisiana Attorney General Jeff Landry has taken steps to block Bank of America and Citibank from underwriting a $600 million state deal, because of their public views on the Second Amendment.
Bank of America has pledged to end loans to gun manufacturers, who produce military style firearms for civilian use and Citi put restrictions on the sale of firearms by its business customers, according to The New York Times. (RELATED: Bank Of America Getting Bang For Its Buck With Remington Deal)
“We don’t want them to represent the state of Louisiana when they’re gonna decide to become the social police and infect Louisiana with these types of policies, under which they’re gonna restrict our citizens’ ability to legally purchase firearms,” Landry, a Republican, said on “Fox & Friends” Sunday. “And so it was a great day in Louisiana this week, our state treasurer, John Schroeder and many conservatives stood up and said, ‘No. We don’t want these types of corporations representing the state of Louisiana.'”
Landry said the response among residents has been strong and many of them have reacted positively to the decision.
“It’s been overwhelming,” he said. “I gotta tell you. You know, after leaving the meeting and going about and traveling around the state, I got a lot of high fives, a lot of people appreciate what we did. Woke up the next morning, my phone just had a flurry of text messages from people, not only in Louisiana but around the country saying thank you for standing up for our Second Amendment rights and for pushing back against corporate America when they decide to become the social police.”
The money from the banks would have financed infrastructure and public works projects, but Landry is confident the state can find other institutions who aren’t as hostile to the Second Amendment.
“We had 19 banks, financial institutions who applied to be underwriters for this project,” he concluded. “We’ve got plenty of financial institutions out there that doing what financial institutions do best — which is lend money. And they’re willing to do it. And so we’re just telling Citibank and Bank of America, look, if you want to get into our gun vaults, stay out of our states.”
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