Who Wants a Woke Bank?

The Biden administration is doing its level best to encourage America’s giant banks to embrace leftist politics and the political allocation of credit. But today the chieftains of finance received a few timely reminders that endorsing reckless presidential commentary—and denying credit to productive industries merely because they offend liberal pieties—isn’t beneficial to companies or customers.

Last month, President Joe Biden was among those making false and irresponsible claims about Georgia’s voting reforms, and airing outrageous comparisons to the racist laws of the Jim Crow era. A number of corporate CEOs were fooled or bullied into joining the condemnations of the Peach State. With the passage of time, it seems that at least some CEOs have realized how unfair the campaign against Georgia was.

Today the Journal’s Andrew Ackerman and Orla McCaffrey report on a Senate hearing featuring the CEOs of Wall Street’s six largest firms:

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