Debanking Hit an All-Time High in 2025, According to a Report
The number of individuals facing bank account closures has surged dramatically, with anti-bank campaigner Nigel Farage describing the latest statistics as “horrifying.” By the period of 2024-2025, around 450,000 customers in the UK are predicted to be debanked. A report indicates this marks a significant jump from just 45,000 account closures in 2016-2017. Though there’s […]
Top US Banking Regulator Says Efforts to ‘Weaponize Finance’ and Crypto Debanking Must Stop
Simply put The OCC discovered that nine prominent national banks either limit or refuse services to legitimate businesses, including those in the crypto sector, focusing on the industry instead of actual financial risk. This has sparked renewed fears regarding “Operation Choke Point 2.0,” as critics assert that regulators have subtly obstructed banks from servicing digital […]
Farage’s Reform UK Party Sets Up Account Following Debanking
Reform UK Opens Bank Account Amid Controversy Nigel Farage, known for his staunch abolitionist views and as a prominent Brexit advocate, has revealed that his party, Reform UK, has successfully opened a bank account. This might seem ordinary; however, given the backdrop of Britain’s finance industry grappling with cancel culture, it carries significant weight. Farage, […]
JPMorgan reveals investigation in the US regarding claims of ‘debanking’ against conservatives
The U.S. government is looking into JPMorgan Chase & Co. after President Trump alleged that the bank was denying services to customers with conservative political affiliations. In its quarterly report released on Wednesday, JPMorgan acknowledged that it’s “responding to inquiries from government authorities and other external parties regarding our policies, processes, and how we serve […]
JPMorgan reveals investigation into supposed debanking practices in the US
Investigation into JPMorgan Chase & Co. Banking Practices The U.S. government is looking into whether JPMorgan Chase & Co. is providing fair banking access to its customers. This comes as the White House intensifies efforts to address what are termed politicized banking transactions, which allegedly impact conservative figures. JPMorgan mentioned in its quarterly report that […]
Gun-rights group criticizes major banks for ignoring debanking issues and seeks a commitment
Bank Accusations and Second Amendment Defense Recently, a coalition defending the Second Amendment has criticized several prominent banks for what they term “revisionist history.” They argue that these institutions are attempting to obscure a track record of opposition toward conservatives and gun owners during the Obama and Biden administrations. This coalition, including six de-elimination groups […]
Corporate Watchdog Praises Major Banks for Efforts to Avoid Political and Religious ‘Debanking’
A letter revealed by the Corporate Watchdog Group commended five major banks for their recent initiatives aimed at preventing what they termed “politicized de-banking.” This year, Bank of America, Citigroup, JPMorgan Chase, PNC Bank, and Regions Bank all undertook reviews of their policies to ensure that customers are not discriminated against based on their political […]
Trump aims to address “debanking” by dismantling an agency that was handling it.
Recently, President Donald Trump signed an executive order aimed at ensuring equitable access to banking for all Americans, which hinted at forthcoming federal enforcement action. The order highlights concerns regarding banks denying services—like accounts and loans—based on political or religious views, potentially exposing them to fines or other penalties for such discriminative practices. The initiative […]
OCC to Review Banks’ Debanking Practices in Licensing and CRA Evaluations
The Office of the Secretary of the Currency (OCC) shared significant news on Monday, September 8, that aims to “depoliticize banks” and tackle “illegal de-pasting” within the federal banking system. One key update focused on licensing, stating that the OCC is reviewing how banks consider licensing decisions and their evaluations under the Community Reinvestment Act […]
Trump Administration Revises Rules to Stop Illegal Weaponized Debanking
OCC Takes Action Against “Illegal De-Pasting” in Banking On Monday, the Office of the Comptroller of the Currency (OCC) announced initiatives aimed at curbing what it calls “illegal de-pasting” within the federal banking system. Jonathan Gould, the OCC’s top official, stated that the organization is working to eliminate the misuse of the financial system. He […]