– Advertisement –

Federal Government Blocks Rule That Would Prevent Banks From Refusing Services to Conservatives

by | Feb 19, 2021 | Economy`, News, Politics, US

✪ Read this article ad-free and leave comments here on Substack

A rule that was put in place requiring banks to conduct risk assessments for individual customers rather than classes of customers — such as, conservative charities, political groups, or churches — has been blocked by the current Office of the Comptroller of the Currency (OCC) and leaves it to be reviewed by the “next confirmed” Comptroller under the Biden administration.

The rule, which as put in place January 14, was according to it’s stated purpose, to codify “more than a decade of OCC guidance stating that banks should conduct risk assessment of individual customers, rather than make broad-based decisions affecting whole categories or classes of customers, when provisioning access to services, capital, and credit.”

Today, the OCC put that rule on hold. The office’s press release states, “The Office of the Comptroller of the Currency (OCC) today announced it has paused publication of its rule to ensure large banks provide all customers fair access to their services.”

The press release continues, “Pausing publication of the rule in the Federal Register will allow the next confirmed Comptroller of the Currency to review the final rule and the public comments the OCC received, as part of an orderly transition.”

Join Us and Get These Perks:

✅ No Ads in Articles
✅ Access to Comments and Discussions
✅ Community Chats
✅ Full Article and Podcast Archive
✅ The Joy of Supporting Our Work 😉



Historically, conservative groups have been targeted by banks refusing service under the guise of “hate speech” and other leftist mantras. Alex Jones, for example, has been banned by PayPal for “promoting hate” despite the fact that Jones’ activities are completely legal in the U.S.

JP Morgan Chase has also made headlines as it allegedly purged the accounts of several conservative groups.

Three Ways to Support DISNTR


The Dissenter is primarily supported by its readers. The best way to support us is to subscribe to our members-only Substack site where you will receive all of our content ad-free, plus you will get member-only exclusive content.

Support us with a monthly donation on Patreon

Support us with membership to our ad-free Substack

Make one-time or monthly donation on Donorbox


👕 Or make a purchase from our online store. 👕
Make a Dogecoin Donation

- Advertisement -

Latest

Parents Handing Their Children Over to Drag Queens is Despicable

Parents Handing Their Children Over to Drag Queens is Despicable

These ... clowns. Literal clowns. Some dude, draped in cheap polyester sequins and a wig that reeks of desperation, sits there. He’s playing pretend with kids. He’s wearing a caricature of womanhood like a skin suit, and he’s doing it in front of a child.“Do I look...

- Advertisement -

Subscribe

Store

Follow Us

- Advertisement -

- Advertisement -

You Might Also Like…

Parents Handing Their Children Over to Drag Queens is Despicable

Parents Handing Their Children Over to Drag Queens is Despicable

These ... clowns. Literal clowns. Some dude, draped in cheap polyester sequins and a wig that reeks of desperation, sits there. He’s playing pretend with kids. He’s wearing a caricature of womanhood like a skin suit, and he’s doing it in front of a child.“Do I look...

This is What Happens When a Charlatan is Your Spiritual Advisor

This is What Happens When a Charlatan is Your Spiritual Advisor

Over Easter—of all times—spiritual charlatan, Paula White, stood in front of cameras and compared Donald Trump to Christ. Not subtly. Not loosely. Directly. She took the betrayal, the suffering, the cost, the language that belongs to the cross alone—and laid it at the...

How the Church Failed at Dismantling the Transgender Movement

How the Church Failed at Dismantling the Transgender Movement

For years now, the modern transgender movement hasn’t operated like a loose collection of ideas. It’s functioned like a system—predictable, coordinated, and disturbingly efficient. Not chaos. Not confusion. A process. A conveyor belt—the transgender conveyor belt—as...

- Advertisement -

Want to go ad-free with exclusive content? Subscribe today.
Already a subscriber? Click Here

This will close in 0 seconds