Post #50791 by Dope1 on the US Policy board

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https://nypost.com/2025/08/05/business/jpmorgan-an...

JPMorgan and Bank of America ‘debanked’ Trump under pressure from Biden admin over January 6th: Sources

Because of course they did.

"Nice bank you have there. Be a shame if something happened to it," <--- That's the gangster way.

But sources at the banks — the No. 1 and No. 2 largest in the US in terms of assets — confirmed the cause stemmed from the controversy surrounding Trump’s actions that day, and threats from Biden’s bank regulators that banking the former president’s money put them at in danger of falling afoul of rule that prohibit financial institution from doing business with individuals and companies that present a “reputational risk.”

People at the banks tell The Post that Biden’s banking cops at the Office of the Comptroller of the Currency, the FDIC and the Federal Reserve often used the nebulous nature of the edict to go beyond debanking money launderers and drug kingpins.

They were pressured to include people who have heterodox political and business ties that often included conservatives and anyone who participated in the January 6 protests.

Because that's how thugs and fascists roll.

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