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The Debanking of America (www.thefp.com)
6 points by sxp 2 hours ago | hide | past | web | 1 comment | favorite





Heavily misleading article. Why is it that all of a sudden - within the past 3-4 days - a bunch of right-wing media is acting like a business can't refuse service at any point and is incredulous about it?

https://www.investopedia.com/terms/k/knowyourclient.asp & know your customer

Oh, by the way, like any other service provided by humans - banks consist of humans and humans make mistakes. There's instances of it banks refusing service to folks who did nothing wrong. It happens. Either things get fixed or people part ways.


I assume it’s timed with the Tennessee bill that forces big banks to work with them.

The article does not mention that IAM runs “for-profit debt collection service” under the guise of a religious organization.




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