U.S. President Donald Trump on Tuesday said he believes that banks discriminate against him and his supporters, adding that Bank of America and JPMorgan Chase had previously refused to accept his deposits.
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U.S. President Donald Trump on Tuesday said he believes that banks discriminate against him and his supporters, adding that Bank of America and JPMorgan Chase had previously refused to accept his deposits.
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He might be the stupidest American president ever. Banks will take anybody’s money if you give it to them. Even criminals’.
Almost. There is “debanking” for when taking somebodies money might actually cost them money.
He is stupid, but not all banks just take money.
Look at medical Marijuana in Oklahoma when it first spun up. Banks in Oklahoma were hard to find that would take straight cash even (only way to buy/sell in the early days). Leading to huge amounts of cash being stored at locations and hard to pay taxes with no bank account to deposit the money.
Personally, I’m on the banks side in this case. Not taking facist money? Sign me up, fuck MAGA and their little coins. The only MAGA worth it to banks is the millionaires and billionaires of the party.
Might be? Lol