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Government Pressuring Banks to Debank over Politics - NEWS HOUR FIRST

Summary by NEWS HOUR FIRST
In the past couple of years there have been accusations of banks closing accounts of people who’s politics  the government doesn’t like. No explanation at all. A couple of targets have been anything conservative and connected with cryptocurrency. Former First Lady Melania Trump and her son Barron were refused bank accounts after January 6. The same thing happened with Dinesh D’Souza.   Banks need government So it stands to reason if the politics…
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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Government Pressuring Banks to Debank over Politics - NEWS HOUR FIRST

In the past couple of years there have been accusations of banks closing accounts of people who’s politics  the government doesn’t like. No explanation at all. A couple of targets have been anything conservative and connected with cryptocurrency. Former First Lady Melania Trump and her son Barron were refused bank accounts after January 6. The same thing happened with Dinesh D’Souza.   Banks need government So it stands to reason if the politics…

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familycouncil.orgfamilycouncil.org

The Practice of Debanking is Harming Americans – Family Council

Alliance Defending Freedom legal counsel Jeremy Tedesco recently appeared on Fox Business where he explained how debanking harms Americans. In recent years news outlets have reported how government policies encourage banks to designate conservative organizations as posing a “high risk” — giving the banks an excuse to close their accounts. In 2021 Family Council’s credit card processor terminated our account after designating our organization as …

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CryptoPanicCryptoPanic
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CryptopolitanCryptopolitan

President Trump and crypto allies take on the FDIC over debanking

The word “debanking” has put crypto executives in direct alignment with top Republicans in Congress and the White House. With Trump back in office, the GOP is investigating everything that happened under the previous administration.

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CryptoPanic broke the news in on Sunday, February 16, 2025.
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