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Debanking Returns to the Regulatory Spotlight as Trump's Crypto Allies Complain

Debanking Returns to the Regulatory Spotlight as Trump's Crypto Allies Complain

Also, no CFPB slowdown as Chopra proposes to rein in data brokers

Dec 03, 2024
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Debanking Returns to the Regulatory Spotlight as Trump's Crypto Allies Complain
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There’s a looming financial policy issue that energizes prominent backers of Donald Trump, and it’s not the Basel endgame, credit card fees or any of the other items on the banking industry’s deregulatory wish list. Instead it’s debanking, the idea that lenders are cutting off disfavored customers due to government pressure.

A who’s who of wealthy donors…

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