The United States Office of the Comptroller for the Currency (OCC) has delivered the preliminary results of an investigation into large U.S. banks and the practice of “debanking” customers based on ideology. [PDF HERE]
Between 2020 and 2023, the OCC found that JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., U.S. Bancorp, Capital One Financial Corp., PNC Financial Services Group Inc., Toronto-Dominion Bank, and Bank of Montreal, all maintained policies that restricted legal companies from access to banking based on the “values” of the bank.
According to the OCC report, “these nine banks made inappropriate distinctions among customers in the provision of financial services on the basis of their lawful business activities by maintaining policies restricting access to banking services or requiring escalated reviews and approvals before providing certain customers access to financial services.”
Press Release – […] The Office of the Comptroller of the Currency (OCC) today released preliminary findings from its supervisory review of debanking activities at the nine largest national banks it supervises: JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, U.S. Bank, Capital One, PNC Bank, TD Bank, and BMO Bank.
The OCC conducted its supervisory review in accordance with the President’s Executive Order “Guaranteeing Fair Banking for All Americans” to determine whether these institutions debanked or discriminated against any customers or potential customers on the basis of their political or religious beliefs or lawful business activities.
“The OCC is committed to ending efforts – whether instigated by regulators or banks – that would weaponize finance,” said Comptroller of the Currency Jonathan V. Gould. “Although our work continues, the OCC is today providing visibility into the debanking actions against customers and lawful businesses taken by the nation’s largest banks to ensure public awareness, and to halt these harmful and unfair practices.”
The OCC’s preliminary findings show that, between 2020 and 2023, these nine banks made inappropriate distinctions among customers in the provision of financial services on the basis of their lawful business activities by maintaining policies restricting access to banking services or requiring escalated reviews and approvals before providing certain customers access to financial services. For example, the OCC identified instances where at least one bank imposed restrictions on certain industry sectors because they engaged in “activities that, while not illegal, are contrary to [the bank’s] values.” Sectors subjected to restricted access included oil and gas exploration, coal mining, firearms, private prisons, tobacco and e-cigarette manufacturers, adult entertainment, and digital assets.
The OCC’s findings confirm that these or similar policies and practices were in place at each of the banks reviewed. In a reaction to the observations Comptroller Gould stated, “It is unfortunate that the nation’s largest banks thought these harmful debanking policies were an appropriate use of their government-granted charter and market power. While many of these policies were undertaken in plain sight and even announced publicly, certain banks have continued to insist that they did not engage in debanking. Going forward, the OCC will hold banks accountable for these actions and ensure unlawful debanking does not continue.”
This review was first announced by the OCC in September 2025. While the OCC is releasing preliminary findings, its work continues to better understand the full extent and effect of these actions and their impact on affected industries and the American economy. The OCC is also still reviewing thousands of complaints to identify instances of political and religious debanking, which it will report on in due course and as appropriate. (LINK)
The six-page report identifies several industries that faced uphill climbs securing banking services, including oil and gas companies, cryptocurrency firms, tobacco and e-cigarette manufacturers, and firearm companies. The OCC said that many of these banks had publicly disclosed relevant policies, often tied to environmental, social and governance goals.
The report also found some banks adopted heightened reviews for potential customers based on negative coverage in the media.
The OCC will complete their investigation and could send recommendations to the DOJ requesting prosecution.
Now let us hope that rules on the banking industry will prevent this from happening once again.
has congress passed anything?
Yes!
as usual: a lot of gas
Eric Fartsmell was fed Deviled Eggs by Fang Fang.
100 year old Chinese duck eggs.
Or in his case … cuck eggs. 😳
Mixing sauerkraut with chili tastes fantastic, but three hours later WWIII takes place in your intestines leaving you begging for death.
Their pay raise?
Gemstone said, “Now let us hope that rules on the banking industry will prevent this from happening once again.”
Having rules doesn’t prevent anything if those rules are not effectively enforced.
Examples: illegal aliens are taking over the nation; 8th graders are reading at something like a second grade level; the deaths from illegal drugs happen because the people who die have taken illegal drugs; ICE officers are being doxxed; illegal aliens with CDLs, who don’t read English, are killing Americans at a brisk pace.
There are rules with regard to all of these.
I needed a good laugh today and you provided it. Thank you.
What about repercussions for what was already done?
Oh yeah….the same as “repercussions” for any other illegal activity that’s been afflicting this nation.
Nothing.
Let us hope that male pattern baldness ceases to exist.
Rules exist already. The Rules are not enforced/followed.
We need to see a 3 piece suited big Wall Street Wolf in orange pajamas.
Government Regulators threatened them with fines in order to force them to do the dirty work of the government.
Vote with your feet! Open accounts with a small local bank. Credit cards will work or better yet pay with cash. They need your money, just boycott them.
I smell a class action lawsuit.
Morgan and Morgan lol
I smell lawyers getting rich and the injured getting a token amount.
Dewy, Cheatum & Howe will be the entree, followed by a 6-3 SCOTUS hammer.
And nothing will happen to them…again.
Nothing a strongly worded letter can’t fix right?
Depends on the font they use.
And…what are they going to do about it? With no consequences, the next time a Democrat is in power, it won’t only happen again, but 10x as cancer has the unfortunate habit of spreading.
We have a local bank and a credit union .. both have handled our finances for the past 25+ years .. each bring separate resources to our table ..
As do we. During the obama reign I specifically asked our bank if they went along with his policies. They told me that they didn’t pay attention to the fannie and freddie crap. They said if you can afford the house they will loan you the money didn’t matter what color you were and if you couldn’t afford the house they wouldn’t loan you the money again no matter what color you were.
IMO, the key to our recovery is to reorganize our education system. The current culture is to administer the school by promoting the coaches (the least academic of the staff) to administration. We need the smartest, brightest, and most academically accomplished to be the teachers and administrators.
We pay high school taxes, much of which is wasted. We need competent administrators. We currently have administrators who can barely read or write who administrate millions of our tax dollars. That needs to change.
Yes HL, many years ago the Democrats made it a priority to take over school boards in order to control education policies. Even in red districts, the school board is majority liberal. They don’t run for election as democrat or republican so you don’t know the agenda beforehand.
“They don’t run for election as democrat or republican so you don’t know the agenda beforehand.”
True. But you can learn a lot about them by looking at who their backers are.
Even when the candidate’s agenda is known, it’s hard to beat the democrats machine. I’ve put money and energy into local school board races, but the dems have deep pockets and a massive GOTV drive. This is their hill to die on. I didn’t even mention vote fraud!
I wanted to copy-paste a dictionary definition of fascism to make the point that fascism is a system of private-public partnership intended to exert both economic and social control over a population.
I am unable to do so.
Why? Because every search result for “fascism definition”- including the ever-manipulative and unasked for result from Google AI- defines fascism as a far-right, racist, nationalistic movement which completely inverts its roots in socialism and other leftist ideology.
I do not need to point out the irony of private corporations such as Google and Merriam-Webster engaging in re-defining fascism in order to further the interests of their public partners.
The financial system does not stand alone in the mire of its malfeasance.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
George Orwell, 1984
Corporate fascism I believe is the word to look up. But yes redefining words has been happening a lot especially since Covid.
We shouldn’t have to look up “corporate fascism.” Private industry is a fundamental element in the correct definition of fascism.
Being trained to think of “corporate fascism” as distinct from “fascism” is mental warping. It is an attempt by the current socialist generation to both obscure its own relationship with fascist ideology and also demonize capitalism.
“Corporate fascism” is a label Socialists and Marxists use to attack segments of private industry they consider opposed to their own fascistic objectives.
Yep. Add in: recession, insurrection, vaccine/vaccination, medical case, racist/racism, more?
Pandemic, “affordability”, ……( sing along, everybody!)
“super right wing, misogynistic, racist, homophobic,
super right wing, misogynistic, racist, homophobic,
super right wing, misogynistic, racist, homophobic
sup-er right wing, mis-ogynistic, racist, homophobic!!!!
Since Obama was bestowed on us.
If Google would not do that the Democrats would break them up into little pieces. The same with the banks. The request is not a request…..it is an order. We blame the banks and the Democrats march on. We start a war in Ukraine hundreds of thousands are killed. Some of us blame the bankers starting a war. The government started the war. Nuland, McCain and all of them were government. Inflation roars and the Fed is blamed. Well Build Back Better and how about that ObamaCare caused inflation. Throw in the student loans that exploded the cost of Education. We need less government and smaller banks. Big banks are too easy to control.
Isn’t Google one of the “cut-outs” of our military defense – black budget or whatever deep state department? Like Facebook!
Information has changed so easily at the click of a button. When posters share links to unapproved news content those articles are often ‘disappeared’ from the internet shortly after. So hang on to your hardcover books!! The information contained therein may not be entirely accurate, either, but it is nonetheless informative to see firsthand all the changes/ purges in what has been passed down through the generations as ‘true’ information.
Politics and the English Language (George Orwell)
https://www.orwellfoundation.com/the-orwell-foundation/orwell/essays-and-other-works/politics-and-the-english-language/
“Most people who bother with the matter at all would admit that the English language is in a bad way, but it is generally assumed that we cannot by conscious action do anything about it. Our civilization is decadent and our language – so the argument runs – must inevitably share in the general collapse. It follows that any struggle against the abuse of language is a sentimental archaism, like preferring candles to electric light or hansom cabs to aeroplanes. Underneath this lies the half-conscious belief that language is a natural growth and not an instrument which we shape for our own purposes.”
Stop using google for any/everything.
I don’t.
Occasionally I use it to create examples for discussion, or for contrast and comparison.
Incidentally, my normal non-Google search engine returned similar results, because of the underlying issues with publishing companies and the dictionaries they produce. A search engine which has only biased garbage to rake through will return biased garbage, no matter how unbiased it attempts to be. At best you will be able to find one with a wider bar and bigger teeth which works through a bigger dumpster, giving it more opportunities to locate different sources of information.
I did this too. Seems to me, AI takes a swipe at Big Government and a few liberal governmental actions.
“Fascism is a political ideology emphasizing a strong central government, suppressing opposition and individual rights for the sake of the nation’s unity and power..”
(I omitted those parts that took a swipe at Trump and MAGA)
Nor in it’s sinister skullduggery.
Ridiculous that it takes 5 years for the government to acknowledge what we all saw with our own eyes. This isn’t justice, it’s humiliation.
The true government take back from the coup’ers only happened in January of this year 2025.
What it is called is Donald Trump. The guy standing between us and the gulag.
Put the C-Suits in gray-bar hotel and asset strip them to their skivvies.
And, once dressed for the occasion, perp walk them.
Anyone from Atlanta back years ago can vividly tell you about the perp
walk for lawyer/ wife killer Eric Tokars.
Did I miss the part where there will be large fines for this malfeasance?
“Going forward, they will be held accountable”
So, no. Only for stuff they choose to look at in the future. If they open their eyes.
Colorado says trump pardon of tina peters has no validity since she was convicted in state,not federal court. In tat case, those pardoned by biden preemptively can now be brought to trial and convicted in state courts.
I’m a heads on pikes kind of guy. I will settle for a thumb collection around my neck. Thank you for your attention to this matter.
The nine largest banks do as thyre told by tptb. In this case the ptb are those that run the liberal establishment. Thats how the system is designed to work. Its working properly. The trick,of course, as the left knows but the right can never figure out, is to take (back)control of the establishment. Everything else,eo’s,new laws, speeches,winning the presodency’ate a waste of time if u dont know what ur goal is. So far,trump term1ans2 are qed of the above
Rules and laws are only for moral people.
No prosecutions will result in convictions as long as left controls the Establishment. See letitia james
Too bad the big banks are unable to de-bank the drug cartels. It is almost like they don’t want to.
What, get rid of their biggest customers?
Big money, bigger profits.
Government could solve that too. But where would the Democrats go to get a lot of income?
Add USAA to the list. That bank is for military members but that didn’t stop them from debanking people.
Used to be. This organization has moved so far away (and left) of its original charter (car insurance for officers) than now it doesn’t even have the traditional retired flag officer as CEO. Just some civilian guy now.
Hindu’s run that bank.
Can’t these banks get their asses sued from this??
pretty much all of them have terms, when you sign up, that say you are a customer purely at their discretion. the scumbag jamie dimon made a pretty simple point recently: if you want us to not bow to pressure from whoever is loudest, you have to pass a law, because banks are NOT going to get rid of those clauses otherwise, for a variety of reasons having little to do with politics.
so now we wait eagerly for congress to do its job…
And Thune and Johnson are happy we MAGA folks get squeezed.
well, as long as they exempt themselves.
spying on them, no no. spying on you, whatever… just keep voting for the “lesser of two evils” and one of us will be fine.
$5 billion fine each – Now!!!
Fines have no impact.
The money goes to the Federal Government, which provided no oversight in the first place. So it is rewarded for allowing bad behavior. Then the bad actors, in this case the banking system, turns around and lobbies or supplies campaign donations to individuals within the government.
Therefore the Federal Government has no incentive to either prevent or stop such abusive behavior, because the abusive behavior supplies it with money and, perhaps more importantly, control.
Until voters accept that their Representatives and Senators and not “those other crooks” are part of this problem, no amount of fines.
Perhaps putting some of these executives in real prison, with real sentences, would have a better deterring effect than fines but my understanding is these are civil violations.
The most practical remedy is civil suits, but again… the class actions lawyers sue the government, take a huge commission if they win, and then turn around conducting lobbying and campaign funding operations. So there is limited deterrence.
• Who benefits now
Consumers and lawful businesses that were previously flagged for political, social, or media reasons may regain access to banking services. Banks are being pushed back toward neutral infrastructure, not cultural enforcement.
One-line takeaway:
The government is telling banks: “You are not cultural referees — you are financial service providers.”
And until those Democrats that made the banks do it are arrested. It will happen again.
After the dust settles, you are likely to see that 4 banks survive through the ongoing consolidation.
Morgan Stanley Chase / North East
Regions / South East
Wells Fargo / North West
Bank of America / South West
Not sure that Citi is going to make it. Melon will be institutional and high networth, along with Morgan Guarantee.
No surprise on the debanking.
And truly what needs to happen is all those big banks need to be broken up into Regional Banks.
Too much concentrated power in the hands of a few. That is what we got with Dodd-Frank. It made the biggest even bigger.
Long Rant Warning
Do Not Even get me started on Wells Fargo!
My wife is retired after 32 with Wells Fargo. She did management reporting, so no matter how big of a customer you were, you would have never seen or heard of her. She knew Dick Kovacevich(*) and John Stumpf(**)
In 2016, when John Stumpf had to testify before Congress (which for her department was known as Podium Day) she was the one who monitored the Pulse of the Patient.
Meaning that she wrote a program that monitored; Accounts that were Opened and Accounts that were Closed on every single bank ever hour from opening on the East Coast until closing on the West Coast for one week before Podium Day.
Then on Podium Day she upped it to every 0:15:00 minutes. The day after Podium Day she went back to hourly for the next week, then stopped monitoring.
I said all of that to describe what happened to her in 2020.
In the years following Podium Day they steadily started treating her pretty bad. As the work environment deteriorated she became more demoralized. By 2019 she started offering to retire, but they begged her not to.
Basically; We do not like you, but we need your talents.
During the PlanDemic of 2020 she, like everyone else in her department, worked from home. Her mental health steadily declined. Finally, in late December 2020 she literally fainted while walking to the bedroom to go to bed.
She took the next day Off. On the second day I helped her go upstairs, where her office was, so she could check her eMails when she collapsed again after seeing them.
That is when I called Calf Rope and threatened to destroy their computer if she did not immediately retire. I absolutely forbid her to ever login to that computer again. So she called her manager and retired that day.
Since late December of 2020 she has been very slowly recovering from PTSD because of Wells Fargo.
We still bank with them because of her retirement benefits. But I have promised her that if I out live her I will yank every penny we have out of that bank before her body is cold.
I despise that company!
* Dick Kovacevich is the former CEO of Wells Fargo & Company, having served from November 1998 to June 2007. He was born on October 30, 1943, in Enumclaw, Washington, and holds degrees from Stanford University. Before joining Wells Fargo, he held various positions at Citibank, Norwest Bank, and General Mills, where he was instrumental in turning around the New York branch system and expanding the company’s services. Kovacevich is known for his strategic vision and has been involved in significant mergers and acquisitions, including the acquisition of Norwest Bank by Wells Fargo in 1998.
** John Stumpf served as the CEO of Wells Fargo from June 2007 until his resignation in October 2016, amid a major scandal involving the creation of millions of unauthorized customer accounts. He was charged with failures of leadership related to this scandal, which led to significant scrutiny and regulatory actions against the bank. Following the scandal, Wells Fargo’s board decided to claw back $28 million in pay from Stumpf due to his involvement in the issues that arose during his tenure. The scandal ultimately resulted in a broader investigation into the bank’s practices and a commitment from new management to reform the organization.
Wells Fargo should have been broken up into little pieces for that and those 2 should be in jail. When there is rot at the top the rest of the organization sees it and goes rotten too. Kind of why our government is broken and most of it needs to be closed.
A strongly-worded letter and a microscopic fine will suffice, as usual . . .
well duh. everyone knew this.
Right after the Epstein files.
A remedy that would never happen. Of course they say, we are private company and can do as we please.
The never happen reply. Well, you use federal US funds (the peoples money), so until correct, you have no access to those funds.
Of course, since the Fraud Reserve is owned by the banks, they could say, well actually, the money is ours and not the US govt. We just lend it to you.
Time to move your money from these hogs..:
find a locally owned bank
What? Move your money and pass up that 0.5% interest bank pay on your money. Oh, that’s right, it isn’t really your money anyway. The banks can refuse to give it back to you.
the banks were just doing what they were told to do, just like Big Tech, Big Telecom, Big Medicine, etc. All of these industries are essentially run by the US government via the Regulatory State and the regulatory state has an endless array of ways to force businesses to comply, directly and indirectly. They have many levers available.
These businesses appear on paper to be private companies, but they are basically government-run. Pretty sure that’s called Economic Fascism.
And the resolution???
Fascism
Where’s Morgan and Morgan when you need them?
Why should they stop?
They won’t.
I don’t think they are worried about a public that still worships TV and wants feelgood deception.
Not really worried at all.
Of Course “Big” Banks would impose these punishments…..They are the main entities behind Globalism. I read somewhere that the push for digital money is in the NDAA bill.
There is a reason I haven’t set for in a bank since the day Credit Unions first had shared draft accounts (now called checking accounts).
And I stick to the small local credit unions.
Nothing will happen despite the glaring civil rights violations. Try to refuse baking a cake for a sodomite “wedding,” however, and feel the full force of jackbooted tyranny stomping you into oblivion. The system we actually live under is completely illegitimate and deserves to be burned to the ground. It is all fake and gay and will get increasingly more obvious to everyone.
If the debanking practices contradicted their charters, I hope they can be sued by businesses affected. Or are they subject to some other disciplinary action relative to requirements in the charters?
Of course the thing misses the whole point. The point was that one political party in power was putting enormous pressure on private businesses to enforce its own pecuniary and ideological interest.. as Meta CEO Zuckerberg stated, “you go against the US government at your peril.” The issue was not the organization bending over. The issue is negation of rights under color of law.. every one of those people involved on the government side needs to be accountable.
But…. But…. But…. Jamie Dimon said all the internet chatter wasn’t true.
He wouldn’t lie about de-banking.
Until he got caught doing it.
So where are the penalties?
Took me a while but I have TOTALLY dumped Wells Fargo…Had to make sure that anything paid by them was transferred over.
Although I pay all my credit cards off monthly I do have them all set for automated minimum payment just in case it is forgotten.
Hey when I got divorced in 2002 had no credit and it was very difficult to get any loans at a decent rate. Seems no credit is worse then bad credit.
From the post above: “The OCC’s findings confirm that these or similar policies and practices were in place at each of the banks reviewed. In a reaction to the observations Comptroller Gould stated, ‘It is unfortunate that the nation’s largest banks thought these harmful debanking policies were an appropriate use of their government-granted charter and market power. While many of these policies were undertaken in plain sight and even announced publicly, certain banks have continued to insist that they did not engage in debanking. Going forward, the OCC will hold banks accountable for these actions and ensure unlawful debanking does not continue.’ “
It is unfortunate, just like the murder of the National Guard soldier. So unfortunate.
https://theconservativetreehouse.com/blog/2025/12/12/former-j6-house-committee-chairman-says-murder-of-national-guard-in-dc-was-an-unfortunate-accident/
“Yesterday during a House hearing on DHS border enforcement and Immigration Customs Enforcement targeting illegal aliens, Bennie Thompson said the shooting and murder of national guard troops in Washington DC was ‘an unfortunate accident.’ “
We are only an unfortunate series of events away from a global dystopian hell.
Rhetorical question, just many “coincidences” does it take to convince one’s peers, neighbors, friends, or family of enemy action?
Pull their charters.
Google map, DC zoomed in:
This shows exactly who really governs/rules the US.
These buildings, from inception of the nascent nation. Real estate siting that says a thousand words in a single picture.
No. What it does show is where the government bloat is.
Not as I see it. He who has the gold, rules. The one on the right has the gold. Located right next door, connected underground. To make sure the occupant of the one on the left doesn’t forget who really rules. From inception.
The first Chief Justice John Jay famously saying, “Those who own a country ought to govern it.” That’s the building on the right.
Does this mean the debunking of debanking has now been debunked?
Not at all. It means it is delayed.
That’s how it starts and if the people allow it to continue it eventually progresses to Revelation 13:17 and then Revelation 19:20.
If they are penalized our government will waste the money, attorneys get rich. They won’t take it away from stockholders. They will pass costs unto account holders. Vicious cycles.
The Canadians did a nice real time run on debanking TRUCKERS and anybody that supported the TRUCKERS.
Being with these large banks is nuts.
Everyone needs to walk away from these places.
Go find a small local bank or even a credit union.
Make Small And Local Great Again.
Get everything BIG out of your world, and pass the word, lets Bud Light everything that is BIG.
They called Trump a liar when he said and he and his family were debanked.
“Going forward,…”
How about taking action NOW!?!?