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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Putting an End to Debanking
Description: Federal regulators are finally investigating debanking. The Wall Street Journal reports that agencies like the FDIC and OCC are ordering banks to review account closures and identify cases where customers were shut out for political or religious reasons. This didn’t happen by accident. Groups like the Heritage Foundation, the American Family Association, Alliance Defending Freedom and investors like David Bahnsen pushed hard. Alexander Saeedy of the Wall Street Journal reports that banks are already reversing debanking policies in response to shareholder engagement. My own firm—Bowyer Research helped lead that charge—filing propos...