Political Debanking Controversy

President Donald Trump accuses big banks of politically motivated debanking. The issue is driven by vague regulations and regulatory malfeasance. Congressional hearings investigate the matter. The real problem lies with unaccountable bureaucrats. Calls for enhanced accountability and modernization of laws to prevent future misuse of banking regulations.

Debanking of Defense Companies and Its Impact on National Security

Debanking of defense companies supplying Western militaries is causing concern among NATO leaders, who are urging the public to support investments in these companies. Campaigns to stop banks from financing defense firms are being felt, with implications for national security and innovation. ESG criteria and activist pressure are cited as reasons for banks dropping defense investments.

Debanking practices in Britain

Nigel Farage is considering leading a class action lawsuit against banks in Britain for 'debanking' practices after over 3,000 people claimed to have had their accounts shut down. Farage's accounts at NatWest were shut down for political reasons, sparking a scandal resulting in the sacking of the bank's CEO. Farage set up a campaign to represent those unjustly debanked and is exploring legal action against NatWest.