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Religious And Political ‘Debanking’ Must End
Helping orphans in Uganda would seem to have few opponents.
But Indigenous Advance Ministries, a Memphis, Tennessee-based Christian organization that works in the African nation, learned last year that Bank of America no longer wants to provide its financial services to the nonprofit. The bank targeted the group amid the rise of leftist “debanking,” in which financial institutions close the accounts of clients that hold unfashionable religious or political views.
Thankfully, on April 22, Tennessee fought back with a new law that protects people’s right to hold deeply held views while keeping their bank accounts. Every state should follow suit.