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