To: James Gorman, CEO Morgan Stanley, Brian Moynihan, CEO of Bank of America, Jamie Dimon, CEO of JPMorgan Chase, Michael Corbat, CEO of Citigroup, Timothy Sloan, CEO of Wells Fargo, John Cryan, CEO of Deutsche Bank, Tidjane Thiam, CEO of Cr...

Wall Street: Call on Trump to Fire Steve Bannon

Wall Street must show its employees and customers that it rejects hatred and bigotry, and demand that Steve Bannon be fired from the White House.

Why is this important?

UPDATE: There has already been a flurry of bigoted executive orders just a week into the Trump administration, including an unconstitutional Muslim ban that has already been temporarily blocked by the courts. Worse still, the white nationalist Steve Bannon has now been added to the National Security Council.

It is *LONG* past time for Wall Street to speak up on behalf of its Muslim employees, its diverse workforce, and to show leadership in the face of Islamophobia and hate.
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Every major Wall Street bank has staff associations devoted to minorities, including people of color, religious minorities, and LGBTQ people. Yet the big U.S. banks have been silent now that Trump has named both a white nationalist (Steve Bannon) and an anti-Muslim bigot (Michael Flynn) to his cabinet.

In late 2016, the Ranking Members of the House Financial Services and Senate Banking Committees, Rep. Maxine Waters and Senator Sherrod Brown were joined by Rep. Keith Ellison and Senator Elizabeth Warren in a letter to financial services leaders, demanding that they condemn the appointment of Stephen Bannon to Donald Trump's administration. They asked the industry, “what message will it send to your customers and employees if you stay silent?”

We agree. Wall Street must show its employees and its customers that the industry will not remain silent in the face of bigotry, prejudice, and white nationalism.

Source: Letter to Financial Services Leaders, House Financial Service Committee Democrats, Nov 16, 2016, http://bit.ly/2ggDcKA