Your bank isn’t supposed to judge your beliefs. The administration just proved some did.
Summary
A report by the Office of the Comptroller of the Currency says major U.S. banks engaged in widespread debanking—denying or ending banking services—based on customers’ religious, social, or political views. The report covers individuals and businesses.Key Facts
- The report came from the Office of the Comptroller of the Currency.
- It describes conduct by major U.S. banks.
- The report characterizes the conduct as widespread.
- It says individuals and businesses were affected.
- The reported reason for debanking was customers’ religious, social, or political views.
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