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The ‘financial swamp’ of banking regulators who ‘decide’ which Americans get their bank accounts shut down

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4 hours ago

Senate Banking Committee Chairman Tim Scott, R-S.C., outlined why banking regulators are the root of the issue when it comes to shutting down American bank accounts, also known as de-banking, because regulators "just don't like them."Banking regulators operate under an "alphabet soup" of federal agencies, and sources on Wall Street told Fox News Digital that when a regulator speaks, whether couched as a rule, guidance, or even a simple conversation, banks have little choice but to listen."This is a financial swamp in D.C. and beyond that decides who gets an account, who gets a loan, who has ac...

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4 hours ago
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