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#Citibank

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The order late Tues by Judge #Chutkan “gives us a chance to breathe after the EPA unlawfully — & w/o #DueProcess — terminated our awards & blocked access to funds that were appropriated by #Congress & legally obligated,” said #ClimateUnited CEO Beth Bafford.

The lawsuit by Climate United Fund & other groups contends that the #EPA, Admin #LeeZeldin & #Citibank, which held the money, illegally blocked the funds awarded last year & had jeopardized the organizations’ operations.

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The order by US Dist Judge #Chutkan prevents—for now—the #EPA from ending the $20B #grant program.

Chutkan's order also blocks #Citibank, which holds the money on behalf of the EPA, from transferring the money back to the govt or anyone.

#ClimateUnitedFund & other groups sued #Trump’s EPA, its admin #LeeZeldin & Citibank, saying they had illegally denied the groups access to $14B awarded last year through the #GreenhouseGas Reduction Fund, commonly referred to as a “green bank."

#Citibank, uno de los mayores #bancos🏦 de #EEUU🇺🇸, se equivoca en las cuentas y en vez de cobrarle a un buen señor 280 dólares le cobra 81 BILLONES, tres veces el PIB de Estados Unidos. La entidad ya se ha llevado unos cuantos multazos por tener sus sistemas informáticos como un muladar

#dinero💵 #noticias

ft.com/content/9921925e-5a32-4

Financial Times · Citigroup erroneously credited client account with $81tn in ‘near miss’By Joshua Franklin
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The move came after the #DOJ in recent weeks took unusual steps to advance the investigation, having a #Trump-appointed US Atty submit a warrant request when career prosecutors were unwilling & seeking prosecutors in other offices who would agree to participate in the case….

…The Trump-appointed #EPA administrator alleged publicly that the money was awarded w/little oversight & said the agency would try to claw back the money from #Citibank, tasked w/disbursing the funds.

#FBI investigating #Trump claims of #EPA *fraud* in $20B #Biden grant fund

While career prosecutors in 2 US Atty offices & a US judge balked at a court-ordered freeze, #Citibank has locked down billions without explanation

FBI agents this week questioned EPA employees regarding a Biden admin grant program for #climate & #CleanEnergy projects, escalating a #criminal probe that already caused one veteran prosecutor to resign [#DeniseCheung]….

#law #ethics #partisanship
washingtonpost.com/dc-md-va/20

The Washington Post · FBI takes up EPA probe amid pushback from judge, prosecutorsBy Spencer S. Hsu

why governments are broke: it's the billionaires and multinational companies not paying taxes

youtube.com/@garyseconomics is highly studied economist #LSE #oxford #UK
he made his cut at #citibank just to find out that he is surrounded by psychopaths that threatened him not to quit, he says the ONLY way to get out of this shit is if the poor team up and show the rich they are not taking it anymore: #taxevasion by the billions, #politicians are massively lobbied by #finance industry to keep things as corrupt as they are now

#china does not accept such #bullshit

#caymen #panama #taxes #taxjustice #wtf #cmon #fixthis #catastrophe #finance #money #economics of #madness

Replied in thread

@GottaLaff

I'd been pondering the FDIC motto at the top of the #citibank site that controls my Costco #VISA

"Backed by the full faith & credit of the US government"
😬🙄😒

I'd wondered how long before that was officially 💩
Guess I know now, huh?

Mark my words: #Crypto will do a more thorough job of wrecking our economic system than Adjustable Rate Mortgages

NY Attorney General James Announces Court Win Allowing Lawsuit Against Citibank to Continue

"[NY] sued Citi, one of the largest banks in the country, for failing to protect its consumers when they fall victim to fraud. The lawsuit alleges that scammers can steal from Citi’s customers because the bank fails to implement strong data security and anti-breach practices. As a result of Citi’s inadequate security, ineffective monitoring systems, and failure to respond in real-time and properly investigate fraud claims, New Yorkers have lost millions to scammers. "

ag.ny.gov/press-release/2025/a

New York State Attorney GeneralAttorney General James Announces Court Win Allowing Lawsuit Against Citibank to ContinueNEW YORK – New York Attorney General Letitia James today announced a significant victory in her case against Citibank (Citi) after a judge denied Citi’s motion

t.me/WarriorsUkrainian/35769
⛔🇺🇸American Banks still collaborating and funding Russian war criminals. The last major US bank in Russia is winding down operations but remains operating in Russia. American Citibank, one of the largest Western banks on the Russian market, which was in (more) #Ukraine #Mastodon #Citibank #Mastodon #Press #USA #US #UK #EU #NATO #News #UnitedStates #EuropeanUnion #UnitedKingdom #russiaUkraineWar #10yrInvasionofUkraine
#Article7 #Article7HungaryNow

TelegramWarriors Ukrainian🇺🇦The last major US bank in Russia is winding down operations American Citibank, one of the largest Western banks on the Russian market, which was in the top 20 in Russia by asset size, is winding down its operations. From November 15, the bank’s Russian subsidiary will close its last operating branch that worked with retail clients, Frank RG reports, citing a statement from Citi. The office near the Paveletskaya metro station in Moscow will cease operations in two months, in connection with which Citibank clients are advised to “consider other options for placing funds and complete all their transactions,” the credit institution warns. From September 20, all Citibank debit cards will stop working, and from September 25, operations via the Central Bank's Fast Payment System will be stopped, as well as transfers, cash withdrawals at the terminal, and purchases using a QR code. Citigroup planned to sell its retail business in Russia at the beginning of 2021, and after the invasion of Ukraine, it decided to de facto close it. The bank's loan portfolio has decreased by 98% since the beginning of 2022, to 2.4 billion rubles. Of the 154 billion rubles of individual deposits, 1 billion remains, and funds in business accounts have decreased more than 90 times - from 346 to 3.8 billion rubles, according to its financial statements.

As I've mentioned before, I think there really is something to the idea that we should be fighting climate crisis by going after banks, and not just fossil fuel companies, and as such I am pretty excited about the “Summer of Heat” civil disobedience campaign going on right now, that does precisely that.

truthout.org/articles/activist

Activists Are Bringing the Heat to the Banks Funding Climate Crisis

"Backed by a coalition of more than 80 climate and racial justice groups, the “Summer of Heat” is convening every day on Wall Street all summer to take direct action against the financial institutions bankrolling the oil and gas industry. At the center of activists’ divestment demands is Citibank, the second largest financier of fossil fuels worldwide.

In an age of widespread climate nihilism, there is real reason to think that this campaign in particular could successfully push Citibank to change course on investing in fossil fuels. The multigenerational, multiracial, cross-class movement is highly strategic in its embrace of nonviolent direct action, marking “the first time in history that climate activists will hold an entire season of sustained civil disobedience protests targeting Wall Street and big banks for their role in fueling the climate crisis.” There is a track record of similar campaigns getting big wins. And there are signs that Citi is starting to crack under the sustained pressure."

Although corporate media is trying not to report it, and nihilists will tell you this sort of thing doesn't work, the fact is that disrupting the large financial institutions that underwrite the companies boiling us all like soup for five pennies a share *does* have a recent track record of success; as this very article notes similar campaigns have knocked banks like HSBC and Barclays out of the financing new oil and gas wells business, to say nothing of historically successful actions that forced banks to divest from coal, or even stop bankrolling businesses and investments in apartheid South African - a model that student protestors all across America have being trying to replicate by demanding their colleges and universities divest from Israel over its ongoing genocide of Palestinians in Gaza and its maintenance of an apartheid state in the occupied territories.

This stuff works, and the hundreds of Summer of Heat protestors who've already been arrested for these nonviolent protests are relying on us, the people, to get the word out about these actions and the establishment's repressive response to them to make these tactics more effective - because the universe knows corporate media sure isn't going to tell folks about it unless they don't have a choice.

"Still, Summer of Heat activists are determined to persist with their chosen tactics. In July, Citi obtained a restraining order against one 63-year-old protester named John Mark Rozendaal, a grandfather, professional cellist and adjunct music instructor at Princeton University. Flying in the face of the order, Rozendaal returned to the Citi headquarters on August 8 to perform J.S. Bach’s “Suites for Cello” in the bank’s public plaza. At Citi’s behest, the New York City Police Department arrested Rozendaal, who now faces up to seven years in prison.

“Rather than engage on the merits of their arguments and acknowledge the role they play, Citibank has chosen to unleash a brutal police crackdown on organizers,” New York City Council Member Alexa Avilés said in a statement. “You cannot incarcerate your way to a livable planet. I am calling on Citibank to drop the charges and commit to meeting our shared vision of a livable planet for generations to come.”

The simple truth is that they can't arrest us all; tell your friends about the Summer of Heat, the police violence being used to try and stop it, and fight climate crisis by protesting banks that fund fossil fuel production today!

Truthout · Activists Are Bringing the Heat to the Banks Funding Climate CrisisThe “Summer of Heat” movement is pushing Citibank to divest from fossil fuels. Will the bank listen?

Cello-playing climate activist arrested at New York #Citibank protest as crackdown escalates - theguardian.com/us-news/articl "Second activist also arrested during ‘summer of heat’ protest against second largest financier of fossil fuels" #ClimateCrisis

The Guardian · Cello-playing climate activist arrested at New York Citibank protest as crackdown escalatesBy Nina Lakhani

"Repression gegen die #Klimabewegung ist der neue #Klimaschutz", auch in den USA:

"Ein 63-jähriger Klimaaktivist und Cellist muss mit bis zu 7 Jahren Gefängnis rechnen, nachdem er verhaftet wurde, als er ein Bach-Solo vor dem Hauptsitz der #Citibank."

theguardian.com/us-news/articl

The Guardian · Cello-playing climate activist arrested at New York Citibank protest as crackdown escalatesBy Nina Lakhani