The Treasury Department, under the leadership of the Trump administration's Treasury Secretary, has been implicated in a controversial practice known as 'debanking', targeting conservative groups under his "suspect leadership." Reports indicate that the Financial Crimes Enforcement Network (FinCEN), a bureau within the Treasury, distributed materials to banks identifying certain conservative organizations as 'hate groups' and 'hate symbols' following the Capitol riot, without providing further instructions. This move has sparked criticism, with allegations that it tacitly endorses the debanking of organizations opposing transgender hormones for children and pro-life groups, labeling them as 'hate groups'.
Part 1 Treasury Department Sent ‘Hate Group’ List of Conservative Organizations to Banks https://t.co/9eUExusW9f #Debanking
Biden Admin Wants Banks to Close Pro-Life Groups’ Bank Accounts: They’re “Hate Groups” https://t.co/8CheeBGkeU
Treasury Department tacitly endorses debanking opponents of transgender hormones for kids The Treasury Department's FinCEN shared "hate group" and "hate symbol" materials with banks after Capitol riot, with no further instructions. Read more ⬇️ https://t.co/tb5ie9La47
Part 1 (VIDEO) Financial Crimes Agency Suggests Banks Close Accounts of Conservative "Hate Groups” https://t.co/jD65zuq0R1 #Debanking
“…by the Trump Treasury Secretary and his suspect leadership.” https://t.co/1hLY6pmEF4