Tagged: debanking

November 13, 2025 @ 8:55 am By JD Alois  |  

Debanking —the nefarious practice of canceling financial services to individuals or organizations out of political favor —was rampant during the Biden Administration. Last January, the Senate Banking Committee held a hearing on the subject, highlighting some of the pejorative actions taken by financial services firms… Read More

August 13, 2025 @ 12:51 pm By JD Alois  |  

Debanking, or compelling financial services firms to close accounts due to allegations of disfavored associations such as political affiliations, is hopefully at an end. During the Biden Administration, there were too many reports of individuals and businesses finding their banks had decided to shutter their… Read More

March 11, 2025 @ 10:09 am By JD Alois  |  

Debanking or blocking individuals and firms from the banking system was a nefarious activity pursued by the Biden administration. It has been widely reported that too frequently, businesses and individuals who were associated with crypto activity, or out-of-favor individuals, were debanked – their bank told… Read More

February 5, 2025 @ 6:09 pm By JD Alois  |  

The US Federal Reserve is supposed to be an apolitical entity independent of the federal government seeking to achieve its low inflation and full employment mandate. The Fed also has oversight over the banking system as it aims to ensure a safe and secure banking… Read More

January 29, 2025 @ 12:46 pm By JD Alois  |  

The Senate Banking Committee has posted its list of witnesses for next week’s hearing on the Debanking that took place during the Biden Administration. The following individuals will be sharing their experiences in regard to losing access to the banking system: Nathan McCauley, CEO &… Read More

January 27, 2025 @ 5:41 pm By JD Alois  |  

There have been many reports of “Debanking” taking place during the Biden Administration. At times, these reports focused on crypto-related firms that saw their accounts closed by banks – typically with little notice. There have also been reports of Debanking taking place for political reasons…. Read More

December 16, 2024 @ 10:19 am By JD Alois  |  

The Committee on the Judiciary and the Select Subcommittee on the Weaponization of the Federal Government issued its interim report this month outlining the abuse of financial data by the federal government. Whether you are a Republican or Democrat, you should be outraged by this… Read More