Bank executives blow the whistle on how Obama, Biden admins pressured them to debank conservatives

[Billiejeens]

And why? Because shit stain Democrats can't win on the issues and policy so they have to CHEAT, RIG, and FORCE people to RIG it in their favor.

They have governed from a minority position for so long due to the amplification of the Democrat Meda
that now they do not know what to do.

Cheat Harder is all that they have.

 

[Delldude]

They have governed from a minority position for so long due to the amplification of the Democrat Meda
that now they do not know what to do.

Cheat Harder is all that they have.

All that money to ngo's and then back to the dems as contributions.

USAID shutdown is killing the Democrats.

 

[BluesLegend]

Just read Schiff is freaking out and has established a legal defense fund for the possible millions he's going to have to cover in defense costs.

Destroying people's lives was so much fun when they did that to MAGA conservatives.

That slimy scum needs the cuffs slapped on him.

 

[SassyIrishLass]

This is a big deal, people. Are there no limits to which dems won't sink? Anything they won't do to harm their competition? Any lengths they won't go to?

This "Win at any cost" attitude needs to change. Now. Not tomorrow -- Now.

Bank executives blow the whistle on how Obama, Biden admins pressured them to debank conservatives

President Trump issued an executive order that bans debanking, as bank officials revealed regulatory pressure to close accounts of conservatives under previous administrations.

www.foxbusiness.com

The executives said that ambiguity in federal laws was exploited by regulators under the Obama and Biden administrations in order to pursue political objectives. According to one executive, banks were pressured to deny services to certain industries as part of Operation Choke Point and Operation Choke Point 2.0.

"When there’s ambiguity in the law, beauty is in the eye of the beholder, and for a long time the beholder was the Obama and Biden administration," the official said.

A House Oversight Committee report found that "Operation Choke Point," a DOJ task force whose aim was to "choke out" legal companies disfavored by the Obama administration, worked with bank regulators to label certain industries, including firearms sales, as "high risk."

In the wake of President Donald Trump's executive order outlawing debanking, major bank executives told Fox News Digital that they were under pressure by the Obama and Biden administrations to deny services to individuals and businesses for political reasons.


"Those pressures were very, very real. When your regulator gives you a suggestion, it’s not a suggestion, it’s an order. The political stuff is very real, those pressures are real," a senior banking executive told Fox News Digital.

Debanking refers to the practice of banks closing accounts or denying services to individuals or businesses, often with no explanation. The practice originated as part of federal anti-money laundering laws and regulations. An entity can be debanked after its transactions are marked suspicious, but in recent years, conservative and religious groups have accused banks of discriminating against them for their beliefs.

Fox News Digital spoke with two executives at leading U.S. banks, who asked to remain anonymous, fearing reprisals.

Sorta like Ears and the IRS. What was that woman's name again....Lois Lerner?

 

[Oddball]

Exactly! So why aren't you against Trump using his administration to go after banks who didn't want to do business with his criminal, un-American ass?

Trump orders federal regulators to probe alleged bank discrimination against conservatives

President Donald Trump has ordered an investigation into whether banks have discriminated against conservatives and industries like gun manufacturers and cryptocurrency companies.

apnews.com

"Didn't want to do business" because they were pressured by the fascist scum whose boots you can't lick enough.

 

[Edgetho]

Sorta like Ears and the IRS. What was that woman's name again....Lois Lerner?

Yeah, they pulled some Shit with her.

I'm going by memory so..... The US Attorney that was prosecuting her dropped the charges and retired the next day (literally, the next day), depriving Congress of an Impeachment hearing. Because he WOULD have been impeached. It was out-and-out corruption and Lawfare. I think they brought the US Attorney in for just that case. He dropped the charges and retired immediately afterwards.

Once charges were dropped using a legal loophole (No bill, Nole Prosse..... Whatever) the lying, stinking dimocrap whore couldn't be prosecuted again due to Double Jeopardy.

dimocrap scum pulled a fast one on her. And got away with it, like they do with most other corruption.

BTW, have you heard? dimocraps are the scum of the Earth

ALL of them

 

[Oddball]

Our top story tonight, the number of people arrests still ZERO! Good night and have a pleasant tomorrow

 

[CrusaderFrank]

View attachment 1151616

I’m shocked— to my core!

 

[AntonToo]

"Didn't want to do business" because they were pressured by the fascist scum whose boots you can't lick enough.

Has it even occured to you that employers of these "annonymous executives" are now under regulatory and DOJ pressure from Trump administration and have good deal of incentive to blame someone else for not doing bussiness with Trump?

Trump administration is not making "suggestions". Trump skipped straight to instructing regulators to look for something to file with DOJ. Frivolous or not, it creates a burden for these Banks and it's alot easier and cheaper to just publicly blame someone else to get Trump to lay off.

 

[Delldude]

Has it ever occured to you that employers of these "annonymous executives" are now under regulatory and DOJ pressure from Trump administration and have good deal of incentive to blame someone else for not doing bussiness with Trump?

We don't know who they are, they are not giving any details about what was said to them about Trump and by whom.

Did it ever occur to you that the Obama administration pressured lending institutions not to let their borrowers purchase things like guns and other items with their credit cards and/or lend monies for 'unapproved' spending?

BoA was one .

 

[AntonToo]

Did it ever occur to you that the Obama administration pressured lending institutions not to let their borrowers purchase things like guns and other items with their credit cards and/or lend monies for 'unapproved' spending?

Obama administration wrapped up over 8 years ago last I checked and somehow none of these complaints were good enough to take public until EXACTLY NOW when Trump started to publicly pressure these banks and threatening regulatory and DOJ retribution.

Just a coincidence...right?

 

[Delldude]

Obama administration wrapped up over 8 years ago last I checked and somehow none of these complaints were good enough to take public until EXACTLY NOW when Trump started to publicly call for his administration to go after these banks.


Just a coincidence...right?

Point is same institutions did it under the second black president to the right and now they're doing it again.

Or you miss that little 'coimcidence'.

 

[AntonToo]

Point is same institutions did it under the second black president to the right

From the link:

Operation Choke Point 2.0: The Biden Administration’s effort to put Crypto in the Crosshairs.

Now you explain to me wtf does advising regulated Banks to not take on shady crypto operators has to do with "doing something to the right"?

 

[Delldude]

From the link:

Thanks for proving my point.....

Your source:

Trump orders federal regulators to probe alleged bank discrimination against conservatives

Trump orders federal regulators to probe alleged bank discrimination against conservatives

President Donald Trump has ordered an investigation into whether banks have discriminated against conservatives and industries like gun manufacturers and cryptocurrency companies.

apnews.com

 

[AntonToo]

Thanks for proving my point.....

Your source:

Trump orders federal regulators to probe alleged bank discrimination against conservatives

Trump orders federal regulators to probe alleged bank discrimination against conservatives

President Donald Trump has ordered an investigation into whether banks have discriminated against conservatives and industries like gun manufacturers and cryptocurrency companies.

apnews.com

So no, you can't explain wtf does regulators advising Banks to not deal with crypto operators and other shady bussiness has to do with partisanship.

Get lost bub, you obviously have no interest in honest conversation.

 

[Delldude]

So no, you can't explain wtf does regulators advising Banks to not deal with crypto operators and other shady bussiness has to do with partisanship

Already did.....past practice among the leftists.

 

[AntonToo]

Already did.....past practice among the leftists.

No you did not.

Stop lying.

 

[Delldude]

No you did not.

Stop lying.

DUH........

NEW YORK (AP) — President Donald Trump on Thursday signed an executive order mandating a probe into whether banks have discriminated against conservatives and certain industries like gun manufacturers and cryptocurrency companies, invoking the vast powers to go after entities that the Republican president alleges have discriminated against him and his allies.

 

[AntonToo]

DUH........

NEW YORK (AP) — President Donald Trump on Thursday signed an executive order mandating a probe into whether banks have discriminated against conservatives and certain industries like gun manufacturers and cryptocurrency companies, invoking the vast powers to go after entities that the Republican president alleges have discriminated against him and his allies.

Dummy, you know what Trump ordering something proves? Nothing.

He is a vindictive egomaniac that can't live down the fact that someone didn't want to partake in his shady bullshit.

 

[TheGreatSatan]

You Republicans really need to shut up with your whining and double standards.

^^^ fascist justifying fascism