Many of America’s biggest banks waged a cancel culture war against conservatives and Christian groups over their politics and religious beliefs, a federal investigation revealed this week.
\n\nMajor U.S. banks denied financial services to conservative businesses, Trump merchandise sellers and Christian organizations, with employees citing customers’ political views, religious beliefs and conflicts with the banks’ own values, the Office of the Comptroller of the Currency said in a report released Wednesday.
\n\nThe Office of the Comptroller of the Currency’s report documents account closures, rejected financing and internal screening for terms including “MAGA” and “America First.” It also shows bank employees weighing potential pressure from the Biden administration when deciding whether to serve lawful businesses.
\n\nThe agency is considering additional rules, bringing debanking records into merger and community-lending reviews, and opening a path for customers to obtain confidential supervisory information in private litigation.
\n\nAll nine national banks that the OCC reviewed maintained policies restricting services or requiring heightened scrutiny based on reputation risk or industry. The specific findings varied: JPMorgan Chase, PNC, Wells Fargo, and Capital One were cited in completed denials or closures involving political or religious views. The report’s examples involving Citibank and Bank of America concerned industry restrictions…
Original source: https://www.breitbart.com/economy/
