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oohrah wrote:My bank is USAA. I'm not concerned.

USAA has 30.06/7 signs at their HQ and Offices in San Antonio and the senior executive level may well populated by statist military authoritarian general/flag officer types. These people often have no concern for the rights of "civilians" AKA citizens, or even enlisted or jr officer ranks. Especially insurance conglomerates are often controlled by risk averse "weenies" and desk warriors. However, it is a mutual insurance company, therefore legally run for the benefit of the members/policyholders. So remember that when you vote your proxy for their annual meeting. I started withholding my votes for directors on their slate that appear to be no mare than affirmative action picks vs. people with military and industry experience.

I'm much less concerned about this than I am about government enforced restrictions. Citi and BoA and some of the other mega-banks are just virtue signaling for short term brownie points with their executives' left wing cocktail party friends. It's like Hollywood. What concerns me much more is the government using banking regulation as a back door way to achieve what they can't through legislation. Obama couldn't get any significant gun control legislation through even a Democrat controlled Congress, he used AG Holder to implement Operation Choke Point to force banks to stop doing business with private gun dealers. Now 8 years later, along comes Citi and company trying to do the same without the Gov telling them to. Banking is very competitive in the US even amongst the mega-banks and of course there are many thousands of smaller banks. No one but the government is going to get them all to stop doing business with the NRA and gun manufacturers/dealers. They really aren't even getting any real credibility with the Code Pink Pacifist Anti Military left. You think Citi and BoA are going to stop doing business with Northrop Grumman and Lockheed Martin and Raytheon because they make Hellfire Missiles, Bombers, Fighter Planes, Attack Helicopters and heavy weapons? If you're concerned about violence, let's start with the big stuff, not Ruger and Remington and Bushmaster. No. This is a fad for the corporatist crony capitalist left to have something to brag about at their dinner party in the Hamptons and Beverly Hills.