Author Topic: Bank executives blow the whistle on how Obama, Biden admins pressured them to debank conservatives  (Read 438 times)

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Offline rangerrebew

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Bank executives blow the whistle on how Obama, Biden admins pressured them to debank conservatives
Story by David Spector • 4h

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.

https://www.msn.com/en-us/news/politics/bank-executives-blow-the-whistle-on-how-obama-biden-admins-pressured-them-to-debank-conservatives/ar-AA1KNxWG?ocid=msedgdhp&pc=HCTS&cvid=68a49e563d544323a4948e814dcc0fe0&ei=19
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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With the FBI acting as enforcers, democrats had a potent scheme.
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address


Offline DefiantMassRINO

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... probably attempted to debank any and all persons or organizations that weren't aligned with their agenda ... like energy companies.
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview

Offline Fishrrman

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'With the FBI acting as enforcers, democrats had a potent scheme.'

Yep.
Almost "Soviet style" ...

Offline Timber Rattler

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With the FBI acting as enforcers, democrats had a potent scheme.

"Nice bank you have there.  It'd be a shame if anything happened to it."

 :castro:
aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," "psychopathic POS," "depraved SOB," "Never Trump Moron," "Lazarus," and "sock puppet."

"In a time of universal deceit - telling the truth is a revolutionary act."  ---George Orwell

Offline catfish1957

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And we wonder why Bongino wanted the hell out. 

Government is beyond corrupt. 
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Free Vulcan

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If that ain't RICO I don't know what is.
The Republic is lost.

Offline Mod2

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Online Bigun

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And we wonder why Bongino wanted the hell out. 

Government is beyond corrupt.

You're stealing my lines @catfish1957
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
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Offline verga

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When are we going to see Democrats in handcuffs being perp walked?
When are we going to see charges filed?

Everyone connected will skate on this.
In a time of universal deceit - telling the truth is a revolutionary act.
�More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.�-Woody Allen
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