‘Show the Receipts!’: Rep. Ayanna Pressley Presses Five Major Banks About Their Pledges to Allocate $32B into Racial Equity Initiatives After George Floyd’s Protests
Congresswoman Ayanna Pressley is demanding an update on the multi-billion pledges that five of the nation’s biggest banks made during the 2020 summer of civil unrest. On Wednesday, Aug. 23, the Massachusetts Democrat sent letters to the CEOs of JPMorgan Chase, Citigroup, Bank of America, U.S. Bancorp, and Wells Fargo, asking each to provide a…