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11 sats \ 2 replies \ @Car OP 4h \ parent \ on: Reactions to Trump’s Debanking Executive Order - Nic Carter post Politics_And_Law
Trump’s EO bans “politicized or unlawful debanking” and orders agencies to roll back guidance but as Nic points out, it’s still exposed to loopholes and regulatory choke points.
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21 sats \ 0 replies \ @Bell_curve 3h
At least now conservatives or anyone with wrong political views or affiliations have recourse if a bank cancels their account.
I think the worst offenders are the 4 largest banks by deposits but I have to double check
Marc Andreesen explained the problem to Rogan last year. I will try to find the clip
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0 sats \ 0 replies \ @Bell_curve 2h
The biggest problem with Operation Chokepoint is that banks could cancel your accounts with no notice or explanation - that was the genius behind it: debank people and businesses Obama hated w/o admitting Barry made us do it
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