FIRST ON THE DAILY SIGNAL—Bank of America will not conduct a review regarding customer data policies highlighted by a congressional investigation on weaponization of government, the Securities and Exchange Commission determined.
As The Daily Signal first reported in December, the National Legal and Policy Center submitted a shareholder proposal seeking an internal review by the company “concerning the legality and judgment of management’s decision-making” to provide customer credit card transactions to the FBI and other agencies after the Jan. 6, 2021, protest at the Capitol.
“If President [Donald] Trump wants to get rid of weaponization against political foes, he should know that his SEC let Bank of America off the hook for assisting in weaponization of government,” Paul Chesser, the director of the Corporate Integrity Project for the NLPC, told The Daily…
