Chase Bank Denies Political Motives as Controversy Erupts Over Closed Accounts

Chase Bank Denies Political Motives as Controversy Erupts Over Closed Accounts
A Chase bank branch on Madison Avenue in Midtown New York, on Jan. 8, 2016. Ingrid Longauer/Epoch Times
Petr Svab
Updated:

Chase Bank has closed the accounts of three right-wing personalities, in what appears to have been arbitrary executive decisions that aren’t based on any official company policy.

The bank stated it wouldn’t shut a client’s account because of political affiliation, and also denied having a “hate speech” policy. Chase officials refused, though, to comment on the situations of particular clients. The clients themselves also couldn’t get an explanation from the bank, or at least one that would square with known facts.

Martina Markota

The first one known to have an account closed in this manner is Martina Markota. “After a recent review of your account, we have decided to end our relationship with you,” reads a Jan. 24 letter she received on behalf of her company, Magnum Opus Productions.
Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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