💨 Abstract

Citigroup, on June 3, 2025, announced the reversal of its 2018 policies restricting firearms sales clients. The initial move, following the Parkland shooting, prohibited dealing with sellers targeting minors, bypassing background checks, or using automatic weapons. Citi cited regulatory updates, federal ordinances, and the need to clarify its policies on political affiliation, as Wall Street and Bank of America faced accusations from the Trump administration regarding alleged political bias.

Courtesy: WTOP Staff