{"id":22596,"date":"2024-06-04T10:24:34","date_gmt":"2024-06-04T14:24:34","guid":{"rendered":"https:\/\/www.beliefnet.com\/columnists\/news\/?p=22596"},"modified":"2024-06-04T10:24:34","modified_gmt":"2024-06-04T14:24:34","slug":"christian-law-firm-rejoices-as-chase-scales-back-de-banking-policy","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/news\/2024\/06\/christian-law-firm-rejoices-as-chase-scales-back-de-banking-policy","title":{"rendered":"Christian Law Firm Rejoices as Chase Scales Back ‘De-Banking’ Policy"},"content":{"rendered":"
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A Christian law firm is celebrating a major bank chain for rolling back one of its controversial policies that led to the de-banking of several conservative individuals and nonprofit organizations over the last few years. 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 \u201csocial risk issues,\u201d which the bank defined as anything \u201csubject to allegation and impacts related to hate groups, systematic racism, sexual harassment, and corporate culture.\u201d<\/p>\n

The language was removed from the company\u2019s WePay terms of service, the Alliance for Defending Freedom, or ADF, recently discovered. A JPMorgan Chase spokesperson told Fox News Digital in a statement, \u201cWe support clients around the globe and in every state in the U.S., across industries, religions, and political affiliations.\u201d ADF senior counsel Jeremy Tedesco told Fox News Digital in an interview, \u201cChase has used this policy to discriminate on the basis of viewpoint. The policy itself is a risk to every single person who uses WePay and Chase, the biggest bank in America.\u201d<\/p>\n

Tedesco continued, \u201cThere\u2019s millions of people where it\u2019s a threat to them being denied or losing payment processing. So, it is significant that they eliminated that policy. The next step we think for Chase is because they\u2019ve been saying, \u2018We’re firmly committed to not discriminating against people on their religious or political views,’ in different documents. That statement, we want them to put in their forward-facing customer policies. That’s the next step.”<\/p>\n