Trump admin. proposes new rule to protect the fossil fuel industry from discriminatory banks | One America News Network

The Trump administration is looking to implement a new rule through the Office of the Comptroller of the Currency to keep banks from discriminating against fossil fuel companies by way of denying them finances.This comes after an October decision where five of the six largest banks in the U.S. pledged to end financing for oil companies who look to drill in the Arctic. These banks include Citigroup, JPMorgan Chase, Goldman Sachs, Morgan Stanley and Wells Fargo.

Source: Trump admin. proposes new rule to protect the fossil fuel industry from discriminatory banks | One America News Network

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