Pressley presses big banks for updates on $30 billion in racial equity pledges ...Middle East

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Pressley presses big banks for updates on $30 billion in racial equity pledges
Rep. Ayanna Pressley (D-Mass.) sent letters to the CEOs of big banks calling for updates about the progress of racial equity pledges made in the aftermath of the murder of George Floyd in 2020. In letters sent to the CEOs of five large banks on Wednesday — JPMorgan Chase, Bank of America, U.S. Bank, Wells Fargo, and Citibank — Pressley called on each to present “a comprehensive financial audit report” by Oct. 23. “As the CEO of one of the five largest banks in the nation, you play a key role in determining which individuals and communities have access to economic opportunity,” Pressley wrote each of the banks, before calling for “greater transparency” from the banks on the status of t

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