Are the Big Banks Lying?

President Trump certainly harshed the smug mellow that is the World Economic Forum in Davos (the “Davoisie,” as I call them) with his video appearance. You could almost see new jowls bulging out of Klaus Schwab’s supremely ugly face.

In particular Trump called out by name (and CEO) Bank of America and Chase Bank for de-banking conservatives. Bank of America denies it:

The Wall Street Journal news pages cover the controversy today, and the story tries to suggest that anyone who was de-banked was likely in violation of some kind of banking laws or regulations. If so, you’d expect that the Biden crime family would have been de-banked at some point after their more than 100 suspicious activity reports were filed with the federal government over their shell-company transactions and money-shuffling to the Big Guy. As the Journal puts it, “After enough red flags go up, banks often close the relevant accounts.”

Just what red flags did John Eastman raise to merit this de-banking notice from Bank of America in 2023? BofA didn’t—and won’t—say:

In the absence of more transparency from the big banks, we can safely assume they are lying.

P.S. Bank of America wasn’t the only financial institution to punish Eastman for defying the Biden regime:

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