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October 14, 2026

Treasury Report Confirms Political Bias in Banking Decisions

  • The Treasury's Office of the Comptroller of the Currency found that major banks have 'debanked' customers due to their political or religious views, as well as their business activities.
  • The report reviewed 100,000 complaints and concluded that banks' vague 'reputation risk' policies can disadvantage customers based on their beliefs.
  • Comptroller of the Currency Jonathan V. Gould emphasized that access to financial services should not be influenced by customers' political affiliations.

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