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re: John Eastman Speaks Out After Bank Of America, USAA Shut Down His Accounts

Posted on 4/17/24 at 9:55 am to
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71490 posts
Posted on 4/17/24 at 9:55 am to
It should be illegal for a bank with assets over a certain threshold to close an account for any reason other than default.
Posted by OzonaOkapi
Patrolling the Edwards Plateau
Member since Apr 2024
400 posts
Posted on 4/17/24 at 10:17 am to
quote:

It should be illegal for a bank with assets over a certain threshold to close an account for any reason other than default.
"There should be a law ..."

Seriously, douchey move by the banks, but do we really want the federal government dictating yet ANOTHER area in which a business will be REQUIRED to interact with the public?

It seems to me that small government advocates would want to see us ROLLING BACK those sorts of mandates.
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