White House Order To Punish Banks That Discriminate Against Conservatives, Crypto Companies

border_humper

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A draft of the order seen by the WSJ directs bank regulators to investigate whether any financial institutions may have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws - with violators facing monetary penalties, consent decrees or other disciplinary measures, according to the draft.

People familiar with the EO told the Journal that it could be signed as soon as this week, though the order could become delayed or the administration's plans may change.
The draft order doesn’t name any specific banks but appears to refer to an instance where Bank of America was accused of shutting down the accounts of a Christian organization operating in Uganda based on the organization’s religious beliefs. The bank has said it shut down the accounts because it doesn’t serve small businesses operating outside the U.S.

The draft order also criticizes the role that some banks played in an investigation into the Jan. 6, 2021, riots at the U.S. Capitol
. -WSJ
Once again, an area where Trump’s America leads, and Canada continues with the full authoritarian.
 
Upvote 8
I'm all for this, but it needs to be made into law. As long as someone isn't breaking the law, their account should never be shut down period.
 
When you say something like this to lefties the disingenuous fucks reply "umm, why do you hate the free market sweetie?!" even though 1) they normally blame all of society's problems on the free market and 2) Canadian banks are part of a closed cartel regulated by the government
 
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