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Major Financial Firms Block Donations to Southern Poverty Law Center

Major Financial Firms Block Donations to Southern Poverty Law Center

Fidelity and Vanguard have reportedly ceased allowing donor-advised fund contributions to the Southern Poverty Law Center amid legal scrutiny.

Fidelity and Vanguard, two prominent financial services companies, have reportedly stopped allowing donor-advised fund holders to direct contributions to the Southern Poverty Law Center. This decision impacts individuals and organizations utilizing these charitable giving vehicles.

The Southern Poverty Law Center has stated that its use of informants was known to the Department of Justice. The organization is also reportedly demanding that Todd Blanche correct what it describes as false statements made about the group, amidst mentions of an indictment against the SPLC.

The specific reasons behind Fidelity and Vanguard's decision, and the full scope of the SPLC's current legal challenges, remain under scrutiny. This is a developing story and will be updated as details emerge.

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