Citizens Bank cuts ties with ICE prison contractors after months of activist pressure
Jarrett asserts that federal and state laws protect consumers, making it unlawful to close accounts based on political or religious beliefs, unless criminal activity is suspected. He warns of civil enforcement actions, including significant financial penalties, for banks and their officers. "To date, we have refrained from commenting directly given our commitment to maintaining client privacy.
- ▪Jarrett asserts that federal and state laws protect consumers, making it unlawful to close accounts based on political or religious beliefs, unless criminal activity is suspected.
- ▪He warns of civil enforcement actions, including significant financial penalties, for banks and their officers.
- ▪"To date, we have refrained from commenting directly given our commitment to maintaining client privacy.
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World Corporate Economy Citizens Bank cuts ties with ICE prison contractors after months of activist pressure The Rhode Island lender insists the decision was driven by changing business conditions, not political pressure By Rachel del Guidice Fox News Published July 24, 2026 7:07am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Gregg Jarrett: Banking discrimination based on politics is illegal Fox News legal analyst Gregg Jarrett tells Lawrence Jones that banking discrimination for political or religious purposes is illegal. Jarrett asserts that federal and state laws protect consumers, making it unlawful to close accounts based on political or religious beliefs, unless criminal activity is suspected.
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