State financial officers, including Kentucky State Auditor Allison Ball, accuse Bank of America of 'de-banking' conservatives. Complaints over bank accounts being shut down have surged 44%, with Nigel Farage's battle with Natwest drawing attention to the issue. The UK has seen a nearly 50% increase in debanking complaints, highlighted by Nigel Farage's public response to the closing of his accounts. The HoC Treasury Committee data reveals a 69% rise in complaints related to debanking since the financial year 2020/21, with Nigel Farage and other organizations emphasizing the issue as a real concern.
The increased number of complaints are a symptom of a banking industry that increasingly treats its customers with contempt. https://t.co/hXVdVsS8pN
New data published by the HoC Treasury Committee shows the number of complaints received by the Financial Ombudsman Service related to debanking increased by 69% since the financial year 2020/21. As @Nigel_Farage, @FreeSpeechUnion and @FSB_Voice showed, this was always a real…
Debanking complaints surge 44% as businesses hit by account closures https://t.co/pcoJcATriJ https://t.co/9a5tiS9mF6
Complaints over bank accounts being shut down have soared 44 per cent following Nigel Farage's battle with Natwest https://t.co/qwqLjrqxbP https://t.co/9UZrorPhFc
The volume of complaints in the UK about debanking increased by almost half in the last tax year, underscoring the interest Nigel Farage has drawn to the topic through his furious public response to the closing of his accounts https://t.co/PyHaEdKrOB
‘Debanking’ complaints to UK financial ombudsman surge https://t.co/9fIws3qbAB
State financial officers accuse Bank of America of 'de-banking' conservatives "Americans should never have to worry that their personal financial decisions will be weaponized against them," Kentucky State Auditor Allison Ball said. Read more ⬇️ https://t.co/cjGOC2d5Dm