Trump kills banks’ excuse for political discrimination
Trump kills banks’ excuse for political discrimination

For years, big banks have been lying about debanking conservative customers for political reasons. They tried to hide behind “regulatory pressure” when explaining why they closed accounts or denied services, but President Donald Trump’s Aug. 7 executive order put that excuse to rest. With it, the dubious and widely abused “reputational risk” standard has been torn from the banks’ playbook, as it is thankfully no longer recognized by the federal government.

The plain fact is that every time a bank chose to drop a customer over so-called “reputational risk,” they were really talking about preserving their own reputation with powerful left-wing activists at the expense of everyday Americans.

Read Will Hild’s Full op-ed at Washington Examiner