Guno צְבִי (01-23-2021), Rune (01-23-2021)
hmmm.....maybe the banks frown on Don inciting teabillie insurrections?
A Florida bank announced Thursday that it has closed down former President Trump’s account, joining a growing list of entities that have cut ties with the former president following the deadly Jan. 6 Capitol riot.
In his financial disclosures, Trump had stated he had two money-market accounts with Banks United, The Washington Post reports. The accounts held somewhere between $5.1 million and $25.2 million.
“We no longer have any depository relationship with him," said Banks United, without giving reasons for its decision to shutter the accounts.
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Another Florida bank, Professional Bank, last week announced that it would be cutting ties with Trump, saying it would no longer conduct business with the former president or his organizations.
Signature Bank in New York and Deutsche Bank have also said they will no longer be conducting future business with Trump. Signature Bank notably took a strong stance against Trump and his allies in Congress, calling for him to resign and saying it would not conduct business with lawmakers who had objected to certifying the presidential election.
https://thehill.com/policy/finance/b...rumps-accounts
Guno צְבִי (01-23-2021), Rune (01-23-2021)
Guno צְבִי (01-23-2021)
Banks can't pick and choose who their customers are. They come under federal regulation and must take any customer that comes in the door. Just because the management of a bank doesn't like you doesn't mean they can deny you opening an account.
Now, if they had evidence you were doing something criminal with that account, then they have grounds to close it. But Banks United hasn't given any such reason and it is extremely unlikely any such reason exists.
Oh, really? A bank can say "We don't take accounts from Blacks..." Yea, sure.
https://modernconsensus.com/regulati...s-like-crypto/
https://reclaimthenet.org/rule-banks...tential-biden/The Office of the Comptroller of the Currency finalized a rule that would prohibit banks from refusing to do business with companies based on their industry and politics. When the rule comes into effect, banks will no longer have the choice to refuse to deal with businesses in the oil and firearms industry, for example.
Yea, banks can indiscriminately use racism, bigotry, political motivation, you-name-it, to deny people establishing banking services...
How very racist and bigoted of you, not to mention politically vengeful, and sexist. You seem to have hit a trifecta of hate in that statement!
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