Big Banks Support Biden Amnesty Plan

The CEOs of six of the nation’s largest banks all voiced their support for Joe Biden’s plans to give blanket amnesty to as many as 22 million illegal aliens, Breitbart reports.

The chiefs of Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo all said as such during a Senate Banking Committee hearing. When asked about such an amnesty plan, the CEOs agreed that mass amnesty “would ultimately help us build a more robust, stronger economy,” even though there is no evidence to support such a claim.

It was Senator Robert Menendez (D-N.J.) who asked the question of the CEOs, and subsequently bragged about their answers on social media after the hearing. Referring to it as “good news for my colleagues who won’t take any action unless their friends on Wall Street give them the OK.”

The amnesty plan, introduced in the Senate by Menendez, would give amnesty to at least 12 million illegals by the year 2031. The plan could ultimately see as many as 37.3 million illegals imported into the U.S. as a result, which would ultimately replace millions of actual Americans with cheap foreign labor, while also driving wages down and reducing the cost of labor.

Multiple large financial groups and organizations support such a proposal, as it would be highly beneficial for the wealthy, despite an overwhelmingly negative impact on the rest of the population. Amnesty is also supported by the U.S. Chamber of Commerce, the Koch Brothers’ Americans for Prosperity, and the Business Roundtable, amongst others. In addition to Wall Street, another industry that has heavily supported amnesty and the importing of foreign workers is Big Tech, which often employs illegals and non-American citizens.

About Eric Lendrum

Eric Lendrum graduated from the University of California, Santa Barbara, where he was the Secretary of the College Republicans and the founding chairman of the school’s Young Americans for Freedom chapter. He has interned for Young America’s Foundation, the Heritage Foundation, and the White House, and has worked for numerous campaigns including the 2018 re-election of Congressman Devin Nunes (CA-22). He is currently a co-host of The Right Take podcast.

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