Post #50803 by ges on the US Policy board

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You manage to get everything ass-backwards.

This is Trump sticking his stubby little fingers where they don't belong.

White House Preps Order to Punish Banks That Discriminate Against Conservatives

President is expected to sign executive order as soon as this week that targets debanking of businesses including crypto companies

https://www.wsj.com/finance/regulation/white-house...

This is also a way for Trump to put the screws on any bank that displeases him for any reason. Similar to the way he blackmailed legal firms that worked against him in the past, Trump could order regulators to investigate potential violations of credit, antitrust, and consumer protection laws by financial institutions unless they paid him off or otherwise acted against their own risk evaluations. Just the threat of an investigation would put immense pressure on a bank.

But sure, just spin away little Dopey.

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