US banks have been weaponized beneath the Biden Administration. I reported at length how US banks have been required to offer the federal government with data on anybody suspected of being a home terrorist. US intelligence businesses searched by data for phrases like “Trump” and “MAGA” to focus on Individuals who they believed could maintain “extremist” views. The businesses looked for Individuals who bought spiritual texts, such because the Bible, and likewise labeled them extremists. Anybody expressing disdain for the COVID lockdowns, vaccines, open borders, or the deep state was positioned on a watchlist. Banks try to vary their tone now that there’s a new administration.
Regulation-abiding Individuals have been punished for exercising their Constitutional proper to bear arms. In March 2018, Citibank determined it had the authority to find out what companies may entry their banking companies primarily based on their Second Modification stance. Citibank’s enterprise shoppers have been dropped as shoppers in the event that they failed to stick to the financial institution’s laws on firearms. Donald Trump accused Citibank, JPMorgan, and others of intentionally discriminating in opposition to clients primarily based on political affiliation.
Citibank issued a discover that it could be reversing coverage:
“We'll replace our worker Code of Conduct and our customer-facing World Monetary Entry Coverage to obviously state that we don't discriminate on the idea of political affiliation in the identical approach we're clear that we don't discriminate on the idea of different traits similar to race and faith. It will codify what we’ve lengthy practiced, and we'll proceed to conduct trainings to make sure compliance. We additionally will not have a selected coverage because it pertains to firearms. Our U.S. Industrial Firearms Coverage was carried out in 2018 and pertained to sale of firearms by our retail shoppers and companions. The coverage was meant to advertise the adoption of greatest gross sales practices as prudent danger administration and didn’t deal with the manufacturing of firearms. Many retailers have been following these greatest practices, and we hope communities and lawmakers will proceed to hunt out methods to stop the tragic penalties of gun violence.”
The banks have been caught red-handed discriminating in opposition to shoppers. The paperwork are clear as day that these establishments have been advised to go looking monetary data for anybody who may very well be a possible Trump supporter.
JPMorgan reversed its Code of Conduct again in March 2025 to state that it could defend clients, suppliers, contractors, and staff from discrimination in monetary companies primarily based on political or spiritual views. Reporting on whether or not an individual had bought a spiritual ebook is greater than intrusive. It’s outright discrimination in opposition to individuals who probably maintain conservative views.
The federal government successfully remodeled banking establishments into spy businesses, and nobody was held accountable. This predatory conduct was actually not restricted to the US, as related practices have been noticed in Australia, the UK, Europe, Canada, and different areas. Governments are prepared and ready to silence dissenters by eradicating them from the monetary system. The banks declare they’ve “opaque” guidelines that they have to adhere to, which can’t all the time be defined to the general public, however it’s because the federal government controls our monetary system. The principles can change at any time.