> I'm really happy to see that many people from many places on the political landscape see "debanking" as a line that should not be crossed.
It depends on the politics of the people involved. The Obama DOJ executed Operation Choke Point nearly a decade back.[1]
> Critics of the operation accuse it of bypassing due process; the government is pressuring the financial industry to cut off the companies' access to banking services including access to capital, without first having shown that the targeted companies are violating the law. Critics also say that "it's a thinly veiled ideological attack on industries the Obama administration doesn't like, such as gun sellers and coal producers."
It depends on the politics of the people involved. The Obama DOJ executed Operation Choke Point nearly a decade back.[1]
> Critics of the operation accuse it of bypassing due process; the government is pressuring the financial industry to cut off the companies' access to banking services including access to capital, without first having shown that the targeted companies are violating the law. Critics also say that "it's a thinly veiled ideological attack on industries the Obama administration doesn't like, such as gun sellers and coal producers."
[1] https://en.wikipedia.org/wiki/Operation_Choke_Point