Industry takes stand against violence in Washington, D.C.
Several prominent financial industry leaders condemned the actions of a group of President Donald Trump’s supporters who stormed Capitol Hill on Wednesday, January 6. The violence delayed the ceremonial counting of votes to confirm President-elect Joe Biden’s win and resulted in four dead.
Why should we care?
In a statement on LinkedIn, JPMorgan Chase CEO Jamie Dimon called for unity. “This is not who we are as a people or a country,” Dimon said. “We are better than this. Our elected leaders have a responsibility to call for an end to the violence, accept the results, and, as our democracy has for hundreds of years, support the peaceful transition of power.” CEOs of Goldman Sachs, Wells Fargo, Bank of America, Citigroup, Blackstone, and BlackRock echoed similar concerns. Meanwhile, e-commerce giant Shopify, whose tool set allows brands to set up their own digital stores (including payments and financial tools) banned shops related to President Trump’s campaign paraphernalia and personal brand, citing violations of its Acceptable Use Policy, which prohibits the promotion or support of organizations, platforms or people that threaten or condone violence to further a cause.