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‘This is unheard of’: Congress now investigating ‘numerous instances’ of banks ‘debanking’ conservatives

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(WND) In the wake of President’s Donald Trump’s assertion that U.S. banks are debanking Americans with conservative political views, Congress is now investigating.

The matter was discussed on “Sunday Morning Futures” with Maria Bartiromo on the Fox News Channel, as she asked House Oversight Committee Chairman James Comer, R-Ky.: “Are you investigating whether or not U.S. banks are debanking conservatives?”

“Yes, we are,” Comer replied. “We’ve heard numerous instances of conservatives being debanked.

“And what we want to know is, is this a process of the banks’ ESG (Environmental, Social, and Governance) policy? Is, or is this our government stepping in like what we found with Twitter and Facebook where the government stepped in and said they wanted certain conservatives deplatformed and censored and certain conservative content removed.

“We want to know, again, is this government involvement, another dirty trick by the Joe Biden administration, or this just bad liberal policy that discriminates against conservatives by the banks.”

(Photo by Joe Kovacs)
(Photo by Joe Kovacs)

Bartiromo noted: “Wow. So you have evidence of some banks debanking conservatives.”

“Yes,” said Comer, “especially people that were involved in different energy-type businesses and things like that as well as very well-spoken or outspoken conservative activists. So there are numerous instances, enough to open an investigation.

“Again, is this ESG policy? Which is discriminatory and, ironically, the Democrats have passed all this banking legislation that prohibits discrimination. Is this discriminatory because of ESG, or is it the government, are the bank examiners, as President Trump hinted in his remarks you played earlier, are these bank examiners with a wink and a nod saying don’t let this person bank at your bank?”

 

Bartiromo added: “Well, this is a very important question because with we know what happened with social media. One thousand people from government agencies were working with social media to censor Americans, censor conservatives, certainly. What will be the impact to these banks? What should these what should these banks expect in the coming month from your office?”

Comer responded: “Well, they’re going to be asked a lot of questions, and I will say this for the banks, during the Biden influence-peddling investigation, the banks were the one entity that did cooperate with us. So I expect that the banks will cooperate with our questions. And, hopefully, we can get some answers.

“Number one, find out if our government was involved in this, if this is another side operation by the Biden administration where they were attacking conservatives. At the very least, we want to change this. We’re not talking about debanking meaning they denied a loan. That happens every day in the banking world. This is just opening up saving accounts and checking accounts. I mean this is unheard of, to do this, and it’s against the law. The laws, ironically, that the Democrats created against discrimination.”

 

During a virtual appearance Thursday at the World Economic Forum, President Trump, who himself was debanked by two Florida-based financial institutions, called out Bank of America CEO Brian Moynihan, saying: “I hope you start opening your bank to conservatives because many conservatives complain that the banks are not allowing them to do business within the bank, and that included a place called Bank of America.”

 

In response to Trump’s allegation, Bank of America issued a statement saying it “serves more than 70 million clients and we welcome conservatives. We would never close accounts for political reasons and don’t have a political litmus test.”

 

First Lady Melania Trump indicated in an October 2024 interview that she herself had been debanked due to her political beliefs. (WATCH Melania’s interview with Maria Bartiromo:)

 

 

Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].

This article was originally published by the WND News Center.

 

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