Sen. Moreno: There Will Be ‘Crippling Punishments’ for Banks Discriminating Against Conservatives

RUSH TRANSCRIPT:
CASONE: “You are going to be part next week of a hearing that’s going to investigate alleged instances of this termination by maker major banking institutions per key witnesses are going to testify based on their political views, President Trump is directly accused Bank of America and j.p. Morgan chase of what’s being called the do banking of conservative customers but the big banks are denying this and there is no political bias, what is the goal of this meeting for this hearing.”

MORENO: “We gotta get the facts out there I’ve heard this from constituents in Ohio especially in the oil and gas industry. The ammunition business, I’ve heard this over and over again from the crypto world, these banks, this is what they’re doing we approve really secret plan punishments coming to them. We don’t want it to get there. My view to every banker after is do the right thing, do not force Washington, D.C. to correct your bad behavior, it’ll be really bad for you and your shareholders and I suspect it probably is over the last four years we’ve seen the weaponization of government and also working to put into that right away.”

CASONE: “If you look at the examples of some groups and organizations they have been debate, Melania Trump was one of them, she wrote about in her memoir that this happened to her in the national committee for religious freedom they were dipping three weeks after opening an account. And it can be interesting to hear their stories and the banks denying that that will be another piece of the hearing.”