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Fight against politically motivated debanking builds momentum

Summary

Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly for their political views. The process is called debanking, when a bank chooses to kick a customer out, often without any notice or explanation.

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Key West Citizen

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Fight against politically motivated debanking builds momentum

(The Center Square) – Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly for their political views.

1 day ago·Key West, United States

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Dailyfly - Lewis Clark Valley News

Momentum Grows Against Politically Motivated Debanking

WASHINGTON, D.C. – Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly for their political views. The process is called debanking, when a bank chooses to kick a customer out, often without any notice or explanation. Critics say the Biden administration encouraged banks to remove politically controversial customers in the name of reputational risk. Florida’s Chief Financial O…

21 hours ago

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