U.S. Watchdog Says Major Banks Denied Service Over Politics and Religion
A federal watchdog has accused nine large U.S. banks of denying or restricting services to customers because of their political or religious views, intensifying a national debate over “debanking” and the role of financial institutions in policing reputational risk. The findings could sharpen scrutiny of how banks decide whom to serve, with implications for compliance practices, customer access, and regulatory oversight across the U.S. financial system.
