TriggerFinger


Consumer protections for the financial industry


American GreatnessConservatives face all kinds of censorship from the private sector. Big Tech will ban your account and employers will fire you just because of your political beliefs. This free market suppression could escalate into conservatives losing their bank accounts and credit cards due to their political views. For some people, it’s already happened.

We could very well see this nightmare scenario under a President Joe Biden. That’s why it’s imperative for the Trump Administration to do something right now to protect ordinary Americans from the depredations of liberal corporations.

Thankfully, one agency may do something about this. The Office of Comptroller of the Currency is considering a new rule that would bar banks from denying service for non-financial reasons, such as a customer’s political views. The idea has a solid legal basis. It simply implements the language in Title III of the Dodd-Frank Act, which directs the OCC to “assure the safety and soundness of, and compliance with laws and regulations, fair access to financial services, and fair treatment of customers.”

Too little, too late -- but better than nothing.

This entry was published Tue Dec 22 14:41:25 CST 2020 by TriggerFinger and last updated 2020-12-22 14:41:25.0. [Tweet]

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