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Wall Street Tiptoes Around Texas Politics While Pushing Vaccines

Sept. 2, 2021, 4:53 PM

As big Wall Street banks crank up pressure on employees to get vaccinated against Covid-19, they have yet to adopt policies that might clash with states such as Texas, where officials are outspoken critics of mandating shots.

It’s no coincidence, according to industry insiders. Firms aren’t eager to wade into the culture wars.

“I have clients that would love to do a mandate and they are just hemming and hawing,” said Regina Phelps, the founder of Emergency Management & Safety Solutions, which helps banks and other big companies with crisis management and business continuity. “Some of them are even concerned ...

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