General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Peesident" - MAGA X influencer mistakingly offers a new nickname 🤣
Link to tweet
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Lovie777
(24,190 posts)I'm pretty sure the Banks will ignore shithole.
Vinca
(54,497 posts)N/T
underpants
(197,606 posts)underpants
(197,606 posts)This is a new talking point for the Right - their spin is that banks stop doing business with people because of their politics. Basically using his cult to get change or revenge for himself.
To answer your question:
Debanking is when a bank closes or denies an account to a customer, which can happen for various reasons, including risk management, the customer violating a contract, or, in a controversial usage, due to the customer's political or religious beliefs. While some debanking is an operational decision for a bank's business, politicized debanking involves pressure from government regulators or banks choosing to disfavor certain political groups or industries for ideological reasons, leading to concerns about censorship and discrimination.