Americans deserve to know how far Bank of Americas de-banking went

Bank of America needs to come clean: Did it “de-bank” the makers of a film about Ronald Reagan?That’s the claim made by RawHide Pictures, the production company behind the biopic about the great Californian conservative.RawHide showed The California Post a 2021 letter from the bank in which it told the company that it would be closing its accounts.The company’s accounts were later restored, after an appeal — but not before it had to scramble to find another bank.Bank of America never provided the company any explanation, and it still refuses to say why it cut its ties with the “Reagan” filmmakers.But the decision came around the same time that Bank of America allegedly cut ties with other conservatives — including, most infamously, President Donald Trump himself.Trump said a year ago that Bank of America and JP Morgan Chase both rejected his deposits after he left the presidency.The “de-banking” was part of a broader effort by big banks and big social media companies to isolate Trump and to exclude him from public life.The effort accelerated after the Capitol riot of Jan.6, 2021, when the media deemed Trump a danger to society, and his social media accounts were suspended.But in truth, the effort had begun long before — even before the 2020 election, when the media started cutting away from Trump’s speeches to avoid airing his claims of fraud.
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By clicking above you agree to the Terms of Use and Privacy Policy.Never miss a story In fact, Trump was first censored by Twitter (in its pre-Elon Musk days) in July 2020, when he posted a link to a video press conference of doctors who had questioned the scientific consensus about coronavirus.The de-banking effort had also been in the works for years.
In 2018, Bank of America announced that it would stop providing financial services ...