Tag: Net-Zero Banking Alliance

Tennessee Treasurer Absent from Letter to Bank of America Demanding End to De-Banking Conservatives

Matthew Giffin
David H. Lillard, Jr.

Several state treasurers and other officials sent a letter to Bank of America warning the banking giant of apparently targeting customers with conservative politics by de-banking them—however, Tennessee State Treasurer David Lillard’s signature was absent.

The letter to Bank of America CEO Brian Moynihan said its signatories are concerned that Bank of America has a “track record of discriminating against religious ministries,” a “systemic bias” against politically conservative views, and supporters of former President Donald Trump.

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Commentary: To Rebuild Trust, U.S. Banks Have a Lot of Work to Do

RealClearWire

Trust in banks has plummeted.  From 2019-2022, the percentage of people who believe banks and financial institutions have a positive effect on the country fell among Republicans (from 63 to 38 percent) and Independents (by nine points). The problem grows every time a right-of-center group is debanked. Recognizing the problem, “rebuilding trust” is the theme of the World Economic Forum in Davos, Switzerland. The path to rebuild trust in finance is simple—keep politics out of banking.

In spite of an alleged priority of building trust, the largest banks are aligning themselves with radical United Nations (UN) climate initiatives linked to radical efforts to reduce Africa’s population and destroy Sri Lankan agriculture.

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Tom Pappert Details How ESG Standards Being Pushed by Banks Would ‘Bankrupt’ American Farmers

Kaitlin Housler

Tom Pappert, lead reporter for The Tennessee Star, joined Tuesday’s edition of The Tennessee Star Report with Michael Patrick Leahy to discuss his recent article on the Tennessee Agriculture Commissioner’s omission on a letter concerning Environmental, Social, and Governance (ESG) policies being pushed on American farmers.

On Tuesday, Pappert reported that Tennessee Agriculture Commissioner Dr. Charlie Hatcher did not sign a letter sent by 12 states to the heads of six elite banks warning that their “Net-Zero Banking Alliance” (NZBA) will force ESG policies that would have a “catastrophic impact” on farmers.

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Tennessee Ag Commissioner Charlie Hatcher Did Not Sign Letter by Officials in 12 States Accusing Banks of Pushing ESG on Farmers

Tom Pappert

The Tennessee Agriculture Commissioner, Dr. Charlie Hatcher, was not among the top agriculture officials from 12 different states who signed a letter on Monday that warned the heads of six elite banks that their “Net-Zero Banking Alliance” (NZBA) will force economically destructive Environmental, Social, Governance (ESG) policies on American farmers.

The Tennessee Star contacted Hatcher’s office by phone and email to ask why he was not among the agriculture officials behind the letter, and to ascertain whether he is concerned by the claim that banks are foisting ESG policies on farmers, but did not receive an immediate response.

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