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Bank executives blow the whistle on how Obama, Biden admins pressured them to debank conservatives

Summary by Fox Business
In the wake of President Donald Trump's executive order outlawing debanking, major bank executives told Fox News Digital that they were under pressure by the Obama and Biden administrations to deny services to individuals and businesses for political reasons. "Those pressures were very, very real. When your regulator gives you a suggestion, it’s not a suggestion, it’s an order. The political stuff is very real, those pressures are real," a senio…

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Fox Business broke the news in United States on Tuesday, August 19, 2025.
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