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CNN: Bank of America will no longer do business with companies that run detention centers

CNN, June 26, 2019: Bank of America will no longer do business with companies that run detention centers

A spokesperson said Wednesday that Bank of America (BAC) has discussed the issue with its clients that provide those services. While the bank appreciates “steps they have taken to properly execute their contractual and humanitarian responsibilities,” it ultimately decided to “exit the relationships.”

“Lacking further legal and policy clarity, and in recognition of the concerns of our employees and stakeholders in the communities we serve, it is our intention to exit these relationships,” the spokesperson said.

Meanwhile, the Trump administration has been criticized over conditions for migrant children at a Customs and Border Protection facility in Clint, Texas. On Monday, the Department of Health and Human Services said 250 migrant children who were held at that facility will be shifted into the agency’s shelter system.

On Wednesday, employees of online furniture retailer Wayfair walked out from the company’s headquarters in Boston in protest of the company selling furniture to a detention facility. Wayfair said it would donate $100,000 to the American Red Cross to help those in need at the border.

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