JPMorgan Chase Defeats Shareholder Proposal to Investigate Allegations of Political, Religious Discrimination

In the spring of 2022, Sam Brownback, a former U.S. senator, governor of Kansas, and U.S. ambassador, co-founded the National Committee for Religious Freedom (NCRF) to, in his words, “protect the right to the free exercise of faith for all Americans.”
NCRF’s board members decided to set up the non-profit’s bank accounts at JPMorgan Chase.
“We’ve got a bipartisan national advisory board that includes members who are Christians, Hindus, Jewish, Mormon, Muslims,” Brownback recounted in a May 16 video conference. “In April of 2022 we opened a bank account for the NCRF at Chase; we chose Chase because of the national footprint and the multi-generational relationships that our team had with the bank.”…

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