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JPMorgan Chase Cuts Ties With Kanye West After Recent Controversies
On Wednesday, Conservative influencer and author Candace Owens revealed that JPMorgan Chase has ended their banking ties with Kanye West.
Kanye West will reportedly have to find a new bank for his Yeezy corporation. On Wednesday (October 13), Republican talk show host and author Candace Owens tweeted about Ye's business dealings, revealing that investment banking company JPMorgan Chase has terminated their banking relationship with the Donda 2 artist.
\u201cEarlier today I learned that @kanyewest was officially kicked out of JP Morgan Chase bank. I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank.\u201d— Candace Owens (@Candace Owens) 1665615382
"We are sending this letter to confirm our recent discussion with [redacted name] that JPMorgan Chase Bank, N. A (the "Bank") has decided to end its banking relation with Yeezy LLC and its affiliated entities," a statement from JPMorgan Chase read.
The announcement comes after a series of controversies from Kanye West in the last two weeks, including the rapper-producer making anti-Semitic comments on Twitter and newly discovered footage from Tucker Carlson Live.
During his interview with Tucker Carlson, Ye alleged that Planned Parenthood founder Margaret Sanger created the nonprofit organization with the Ku Klux Klan to “control the population.”
“When I say Jew, I mean the 12 lost tribes of Judah, the blood of Christ, who the people known as the race Black really are,” he added. “This is who our people are. The blood of Christ. This, as a Christian, is my belief.”
More receipts on Ye were released yesterday. On the Higher Learning podcast, hosted by Van Lathan and Rachel Lindsey, Lathan claimed that while appearing on TMZ in 2018, the "Hurricane" rapper made anti-Semitic comments embracing Adolf Hitler.
"I was taken aback because that type of anti-Semitic talk is disgusting. But as far as him, I knew that that was in him because when came to TMZ, he said that stuff and they took it out of the interview,” he alleged.
The unaired footage was recorded during Ye's infamous TMZ rant where he claimed slavery was "a choice."
“If you look at what I said at TMZ, it goes from me saying like, ‘Hey Kanye, there’s real-life, real-world implication to everything that you just said there,'" Lathan added. "What I say after that — if I can remember, it’s been a long time — was, ’12 million people actually died because of Nazism and Hitler and all of that stuff,’ and then I move on to talk about what he said about slavery."
