FEB 21: Report: Major U.S. Banks and New York Stock Market Get Rid Of Mask Mandates

This information was reported for the first time by Reuters.

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Wall Street

Reuters reported, “The NYSE, which is owned by Intercontinental Exchange Inc, is now making masks optional on the trading floor and other public areas for fully vaccinated personnel and visitors, a person with knowledge of the matter told Reuters, adding that the existing COVID-19 polices would still remain in place.”

“The exchange joins investment banks such as Goldman Sachs, JPMorgan Chase & Co, and Morgan Stanley, which also said on Friday that they were dropping the requirement for staff to wear masks in the office,” the report noted.

This move is coming as some Democrat governors join many Republican governors to end mask mandates. It comes before the 2022 midterms when Democrats can expect severe losses.

Walmart announced recently that its employees would no longer be required to wear masks.

“Effective immediately, fully vaccinated associates will not be required to wear masks while working in any Walmart or Sam’s Club facility, unless required by a state or local mandate or ordinance,” the company stated in a memo.

The New York Times reported, “Walmart, which has about 1.6 million employees in the United States alone, was among the first private employers at the start of the pandemic to mandate that it’s workers wear masks.”

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Bye Bye Mandates

“The company eased the mask requirement for vaccinated workers and shoppers for several months in the spring before reimposing it yet again for some workers when the Delta variant posed a significant threat,” the Times noted. “Then, in December as new cases driven by Omicron began to surge, the company again required masks for all workers.”

The Times added, “The company also said that a pandemic sick-pay plan that had been in place for the past two years to cover Covid-related illnesses would end on March 31, unless it was required by state or local governments. The memo also said that daily health screenings before each shift would no longer be necessary for workers, except those in California, New York and Virginia.”