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Trump Accuses Banks of Debanking Conservatives at World Economic Forum

During the World Economic Forum, Trump accuses Bank of America and JPMorgan Chase of debanking conservatives, highlighting rising tensions over political biases in banking.

Overview

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President Trump, at the World Economic Forum, criticized Bank of America and JPMorgan Chase for allegedly debanking conservative clients, claiming banks refuse their business. Both banks have denied these claims, emphasizing they do not discriminate based on political beliefs. The dispute over perceived political bias in banking has garnered attention from GOP leaders, with some states proposing laws against such practices. Conservative voices are increasingly alleging discrimination in banking based on political ideology, igniting debate over the relationship between finance and politics.

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