Canceling account holders on a whim like this is a great way to further erode faith in our banking system.
Macro and micro. banking is a position of trust in a community. We cut off Russia from the swift system. We confiscated assets. We taught the entire world not to trust American banks. Now they are pushing the same lesson on normal people. Your politics decide whether or not you can have a bank account. This is the old corporate government partnership, Mussolini called it fascism or corporatism
Many people think it's not a crime for a bakery to reject same-sex couple wedding cake orders. You know, free enterprise and capitalism.
If so, why is this faith-eroding?
Yup. It is unacceptable.