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

[Delldude]

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.

Nice dodge Clownman.....

 

[scruffy]

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.

Why was Pillow Man debanked?

How come I can buy pot with a credit card but I can't buy a gun?

Leftards are totally full of shit.

 

[Donald H]

True, but The Bastard and Rattshit were pikers compared to what FDR did with Banks, etc. FDR kept us in the Depression five years longer than necessary. Under FDR, we had a Recession DURING A DEPRESSION!! Look it up. How is that even possible?

dimocraps are scum. ALL of them.

In FDR's defense, he was dealing with an unknown phenom but, still..... How stupid do you have to be??

I've always agreed, the Demofuks are mostly scum too.

 

[AntonToo]

Why was Pillow Man debanked?

Ummm because he is a stupid lying nutbag, which got him into big legal and financial problems?

....during a hearing for contempt of court in a lawsuit brought by Smartmatic, a voting software company, Lindell stated he was "in ruins" and could not afford to pay legal fees.

MyPillow founder Mike Lindell tells federal judge he's out of money due to legal battles

MyPillow founder Mike Lindell continues to claim that his many legal battles have left him without any money.

www.sctimes.com

Does that sound to you like someone you'd want to run a credit line with?

 

[scruffy]

Ummm because he is a stupid lying nutbag, which got him into big legal and financial problems?

....during a hearing for contempt of court in a lawsuit brought by Smartmatic, a voting software company, Lindell stated he was "in ruins" and could not afford to pay legal fees.

MyPillow founder Mike Lindell tells federal judge he's out of money due to legal battles

MyPillow founder Mike Lindell continues to claim that his many legal battles have left him without any money.

www.sctimes.com

Does that sound to you like someone you'd want to run a credit line with?

Horseshit.

You're full of shit, just like every other leftard.

 

[konradv]

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.

They don’t debank conservatives; they debank criminals.

 

[AntonToo]

Horseshit.

You're full of shit, just like every other leftard.

Well now that you assert that without any fact or reason surely someone is going to take you seriously.

I'm giving you well sourced FACTS:

"I borrowed everything I can. Nobody will lend me any money anymore," Lindell said during the hearing, according to ABC News. "I can't turn back time ... but I will tell you, I don't have any money."


So I tell you what, take your half-baked bs and shove it you know where untill you can show that banks refusing to finance Lindel did so not by their own choice, but because they were somehow pressured into it inapropriately.

 

[Delldude]

So I tell you what, take your half-baked bs and shove it you know where untill you can show that banks refusing to finance Lindel did so not by their own choice, but because they were somehow pressured into it inapropriately.

Started under Obama like previously proven to you.

 

[AntonToo]

Started under Obama like previously proven to you.

Dumbass banks ROUTINELY refuse to continue credit lines and close accounts with all kinds of persons and companies for all kinds of reasons.

That didn't "start under Obama" and there is absolutely no evidence that broke-ass mr.Pillow's credit lines were shuttered due to some sort of government partisan interference.

 

[Delldude]

That didn't "start under Obama" and there is absolutely no evidence that broke-ass mr.Pillow's credit lines were shuttered due to some sort of government partisan interference.

Cancel culture.

 

[AntonToo]

Cancel culture.

 

[Delldude]

Obama and Biden pressured bankers to discriminate against conservatives....