This is disturbing news! Hopefully, fines or other, more severe punishments will follow!
For these largest banks to refer to the extremely controversial, leftist SPLC is quite shocking!
Bravo President Trump for asking for such a review (see Executive Order below)!
4 to 9? Depends on how you define major banks?
"... Some financial institutions participated in Government-directed surveillance programs targeting persons participating in activities and causes commonly associated with conservatism and the political right following the events that occurred at or near the United States Capitol on January 6, 2021. ..."
"Four of America’s largest banks relied on the Southern Poverty Law Center in decisions affecting conservative and religious organizations, according to a newly released federal debanking report.
The Office of the Comptroller of the Currency report, released Wednesday, details instances involving JPMorgan Chase, Wells Fargo, PNC Bank, and TD Bank, all of which referenced the SPLC while denying loans to organizations or closing their accounts. The SPLC‘s map of hate groups lists some mainstream conservative and Christian groups alongside Klan chapters, due to the groups’ views on marriage, immigration, critical race theory, or opposition to radical Islam. ..."
"... “Today’s report provides irrefutable evidence that the nation’s largest banks have denied, debanked and discriminated against customers and lawful businesses,” said Comptroller of the Currency Jonathan V. Gould. “Americans should have access to financial services regardless of their beliefs, affiliations, or political views. Fair access to financial services is not a mantra—it is a mandate. The Trump Administration is committed to ending the weaponization of finance against hardworking Americans, once and for all.” ..."
OCC Releases Report on Large Banks’ Debanking Activities (the original report)
Guaranteeing Fair Banking For All Americans (President Trump's Executive Order)
