JPMorgan, CVS, GM, Walgreens join corporate fight against laws targeting transgender kids

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The Biden administration on Monday announced that health care providers can't discriminate against transgender patients, reversing a Trump-era policy and wading into a partisan flashpoint as hundreds of Republican-backed bills restricting the rights of LGBTQ individuals make their way through statehouses nationwide.

As with a similar wave of state-level restrictive voting bills, corporate America has spoken out against the anti-LGBTQ measures. And like the fight against the voting measures, some companies have kept silent.

Many of these laws target transgender youth, including by preventing them from playing on sports teams aligned with their gender identity or receiving gender-affirming medical treatment.

MONTGOMERY, AL - MARCH 30: Destiny Clark holds a sign during a rally at the Alabama State House to draw attention to anti-transgender legislation introduced in Alabama on March 30, 2021 in Montgomery, Alabama. There are so far 192 anti-LGBTQ bills under consideration in state legislatures across the United States. Of those, 93 directly target transgender people. (Photo by Julie Bennett/Getty Images)
Destiny Clark holds a sign during a rally at the Alabama State House to draw attention to anti-transgender legislation introduced in Alabama on March 30, 2021 in Montgomery, Alabama. (Photo by Julie Bennett/Getty Images) · Julie Bennett via Getty Images

Earlier this month, 95 companies — among them Apple (AAPL), Google (GOOG, GOOGL), Amazon (AMZN), American Airlines (AAL), Marriott (MAR), Nike (NKE), AT&T (T) and Pepsi (PEP) — voiced their opposition to the anti-LGBTQ bills in a letter written in partnership with the Human Rights Campaign. However, 37 of the Fortune 500’s top 50 companies did not sign.

In response to outreach from Yahoo Finance, some of those 37 companies added their voices to the chorus opposed to the bills, including JPMorgan Chase (JPM), General Motors (GM), MetLife (MET), CVS Health (CVS), and Walgreens (WBA).

But the remainder did not respond or declined to comment directly on the bills. That set of companies includes Walmart (WMT), Chevron (CVX), Target (TGT), Disney (DIS), and Exxon (XOM).

Even as the Biden administration works to reverse the discriminatory behavior toward transgender individuals, anti-LGBTQ legislation is being introduced at a record clip across at least 33 states. According to the Human Rights Campaign, the largest lobbying group for LGBTQ rights in the U.S., this year has surpassed 2015 “as the worst year for anti-LGBTQ legislation in recent history."

Seventeen bills, ranging from preventing trans girls from playing spots to erasing transgender people from school curricula, have been signed into law across eight states — Arkansas, Alabama, Mississippi, Montana, North Dakota, South Dakota, Tennessee, and West Virginia.

“The rights of LGBTQ people — and especially transgender people — across the country are being systematically threatened and undermined by national anti-LGBTQ groups coordinating with anti-equality lawmakers to wage an unprecedented war on the LGBTQ community ... These bills are not only harmful and discriminatory, but also represent a failure in our democracy and the commitment elected officials make to protect and serve their constituents,” HRC President Alphonso David said in a statement.