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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: ges 🐝 HONORARY
SHREWD
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Number: of 84350 
Subject: Re: De-banking. Another Biden scandal
Date: 08/05/25 7:01 PM
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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


wsj.com - White house preps order to punish banks that discriminate against conservatives

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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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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