Banks Archives - Slay News

Biden Admin Caught Asking Banks to Search Customer Data and Flag Transactions That Reference ‘Trump,’ ‘MAGA’

Democrat President Joe Biden's administration has been caught asking banks to search customer transactions for terms such as "Trump" and "MAGA." Federal investigators asked financial institutions to flag any customers with bank transactions that referred to the terms that suggest support for President Donald Trump. The search of customer data…

MyPillow CEO Mike Lindell Says Bank Cut Off His Line of Credit

MyPillow CEO Mike Lindell has revealed that his bank has canceled his line of credit. Lindell revealed the de-banking effort during an appearance on Steve Bannon’s podcast. He announced that the bank that was providing him with a line of credit had cut him off. He said that he believes…

Major Australian Banks Phase Out Cash in Preparation for ‘Cashless Societies’

Several major Australian banks are phasing out the use of physical cash as they prepare for the coming "cashless societies." The move is seen by many as preparation for the rollout of Central Bank Digital Currencies (CBDCs). The global rollout of CBDCs will usher in technocratic authoritarianism in the form…

Comer: 6 Major Banks Filed 170 Suspicious Activity Reports on Bidens for Money Laundering, Human Trafficking, Fraud

House Oversight Committee Chairman James Comer (R-KY) has dropped a bombshell by revealing that six major American banks have filed over 170 suspicious activity reports (SARs) against Democrat President Joe Biden's family. According to Comer, the banks, including JPMorgan, Bank of America, and Wells Fargo, filed the SARs with the…

NYC Officials Freeze Accounts after Banks Fail to Submit Plans to ‘Combat Discrimination’

New York City officials have placed limits on accounts at two top banks after the financial institutions failed to submit their plans for combatting "discrimination in their operations." NYC Comptroller Brad Lander limited account deposits on Thursday at Capital One and KeyBank for failing to submit the required plans. The move…

Republicans and Democrats Unite to Keep Big Bankers off Federal Reserve Boards

Two opposing U.S. senators have joined forces in a bipartisan effort to keep the presence of big banks away from Federal Reserve boards of directors. Sens. Elizabeth Warren (D-MA) and Rick Scott (R-FL) have proposed a bipartisan bill to keep big bankers off the boards of regional Federal Reserve banks.…

Big Banks Hits with Huge FDIC Fees Hike amid Banking Crisis

America's biggest banks are being hit with huge hikes in Federal Deposit Insurance Corporation (FDIC) after several recent banking failures. The FDIC said big banks will bear billions of dollars in extra fees to replenish a deposit insurance fund used to bail out banks in March. The recent collapse of…

Regional Bank Stocks Rebound as Jobs Report Beats Forecasts

A government jobs report has provided some positive economic news amid the banking crisis, causing regional bank stocks to rebound sharply. Regional bank shares rallied premarket and extended those gains in early trading Friday. The spike comes after a bruising session on Thursday. The turnaround came as a government jobs…

Ex-Fed President Kaplan Warns Banking Crisis Is ‘More Serious’ Than Public Knows

Former Federal Reserve Bank of Dallas President Robert Kaplan has warned that the mounting banking crisis is "more serious" than the American public realizes. Kaplan says the situation is direr than commonly believed and he's calling the central bank to pause its rate hiking cycle. In an interview on Bloomberg…

First Republic Bank Collapses as Regulators Take Control

First Republic Bank has collapsed, marking the third significant implosion in under two months. The Federal Deposit Insurance Corporation (FDIC) has placed First Republic Bank under receivership. The bank, one of the largest in America, is the biggest financial institution to fail so far this year. As Slay News had…