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Texas AG to pause Citi municipal offerings over gun law, Reuters says

The office of Texas Attorney General Ken Paxton told Reuters that Citigroup discriminated against the firearms industry, making a decision that "has the effect" of the state halting the bank’s ability to underwrite most municipal bond offerings in Texas. "Citi’s designation as an SB-19 discriminator has the effect of halting its ability to underwrite most municipal bond offerings in Texas," Paxton’s office told Reuters. Reference Link

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