Trump says major US banks 'discriminated against me' as White House preps debanking executive order

[Dulcinea]

(Yahoo Finance) Debanking is back in the spotlight this week after President Trump said Tuesday that the country's two largest US banks, JPMorgan Chase (JPM) and Bank of America (BAC), denied him as a customer.

"The banks discriminated against me very badly, and I was very good to the banks," Trump said on CNBC's "Squawk Box," adding that "they discriminate against many conservatives."

For years, Republicans have claimed that US banks have denied accounts to certain customers for political reasons as have some Democrats. Crypto companies have warned more recently that they weren't permitted to get banking services during the Biden era.

"I had hundreds of millions. I had many, many accounts loaded up with cash. I was loaded up with cash, and they told me, 'I'm sorry, sir, we can't have you. You have 20 days to get out,'" Trump said of his experience losing bank accounts with JPMorgan Chase.

https://finance.yahoo.com/news/trump-says-major-us-banks-discriminated-against-me-as-white-house-preps-debanking-executive-order-150942081.html

[no_hypocrisy]

1. No discrimination. You were a bad credit risk.

You should have returned to Russia for your funds -- or Deutsche Bank.

[True Dough]

2. So incredibly tired

of this asshole forever painting himself as a victim. DIE ALREADY!

[Lovie777]

3. Please make it stop......................

the nightmares never-ending story. Now shithole and his comrades are going to fuck with our banking system. For fuck's sake, now they are going to mess with our bank accounts. WTF.

They all need to go.

[johnnyfins]

4. Agggggggggh!!!!

Does this mfer EVER stop whining? Such a fucking man baby.

[Wuddles440]

8. But..but..

he's so powerful and strong! I'm so confused, but maybe should have figured that something was seriously disturbing about a dude who plasters layers of orange makeup on his face.

[surfered]

5. Hmmm. 6 bankruptcies might give a bank pause.

[sop]

6. All Trump stories where he says someone calls him "Sir" are lies.

[UpInArms]

7. TrumpleThinSkin is such a whiny snowflake

[usonian]

9. Good news for people who have had multiple bankruptcies?

If they are white?

[Firestorm49]

11. "Discriminated against him." Good one!

The truth is that banks simply chose not to do business with the guy given his repeated dismal track record. Germany’s Deutsche Bank to the rescue.