An attorney with the Alliance Defending Freedom testified before Congress Thursday alleging some of the country’s largest and most powerful financial institutions are de-banking conservatives because of their religious and political views.
ADF Senior Counsel Jeremy Tedesco told the House Select Subcommittee on the Weaponization of the Federal Government that some banks have worked with law enforcement to profile some Americans as potential “domestic terror threats if they buy religious texts or firearms or support Donald Trump.”
“They maintain reputational risk policies that allow them unfettered discretion to punish customers who have, in the institution’s view, problematic views. Many also have prohibitions on ‘hate’ speech and ‘intolerance’ that require subjective and value-based judgments on a customer’s viewpoint,” said the attorney with the non-profit legal group.
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“No American should be denied access to basic financial services such as a bank account, debit or credit card, or payment processing because of their religious or political views. Unfortunately, many Americans have good reason to fear that these essential financial services could be abruptly canceled based on the exercise of their First Amendment freedoms,”
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