“Louisiana bars banks from $600M deal because of gun policies.”

Good for them. We need more pushback against these leftist control freaks.

Louisiana officials blocked two of the nation’s largest banks Thursday from involvement in a $600 million road-financing plan because they have policies restricting gun sales and manufacturing by their commercial customers.

In a narrow 7-6 vote, the State Bond Commission refused to allow Citigroup and Bank of America to work as underwriters on the interstate highway financing deal.

The effort to ban the banking giants from the borrowing transaction was led by Attorney General Jeff Landry and Treasurer John Schroder, both Republicans, and opposed by Democratic Gov. John Bel Edwards’ administration.

Those pushing to exclude Bank of America and Citigroup from the financial work said by enacting firearm restriction policies for their corporate customers, the banks were violating Second Amendment rights.

 

 

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