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Unreported: Major banks shut down accounts of groups targeted by Team Biden

by WorldTribune Staff, October 14, 2026 Non-AI Real World News 

The following occurred in the United States of America during the last administration but was not reported by major media organizations.

Major banks closed accounts and refused credit to businesses and groups disfavored by the Biden-Harris regime, a federal banking regulator has found.

Among those targeted were merchants who sold MAGA-inspired products, pro-life causes, religious groups, conservative organizations, firearms dealers, oil and gas, and private prisons, according to the Debanking Review by the Office of the Comptroller of the Currency (OCC).

The OCC investigated 100,000 complaints and scrutinized 50,000 internal bank records to reveal how customers were “debanked” based purely on their political, social, or religious beliefs.

The OCC reviewed debanking and reputation-risk policies across nine major financial institutions:

• JPMorgan Chase
• Bank of America
• Citigroup
• Wells Fargo
• U.S. Bancorp
• Capital One Financial
• PNC Financial Services
• Toronto-Dominion Bank (TD)
• Bank of Montreal (BMO)

The 47-page OCC report, “Guaranteeing Fair Banking for All Americans,” released Wednesday, found that the nation’s largest banks targeted Christian organizations over abortion, LGBTQ issues, and traditional family values.

The report noted that JPMorgan Chase’s payment operation, WePay, shut down the account of a merchant that sold merchandise promoting President Donald Trump and the Make America Great Again (MAGA) brand, claiming it “promote[d] hate, violence, or racial intolerance.”

The bank’s internal screening system regularly flagged terms such as “MAGA,” “Make America Great,” and “America First” that appeared in merchants’ customer profiles, websites, and transaction information, the report said. Several of the terms used to find “violations” were added after the January 6, 2021 protest at the U.S. Capitol.

Related: Eric Trump on what it was like to be ‘de-banked’ in 2021 by these trusted companies, August 11, 2026

WePay also closed accounts for a merchant selling “conservative/republican t-shirts, hats, etc.” Merchandise that raised “red flags” included a “Biden-Illegitimate-Tshirt,” “The-Big-Lie-Sticker”, and a “Trump-Won” flag.

Negative press, protests, criticism from advocacy groups such as the Southern Poverty Law Center, and reprisals from regulators or politicians were cited as the reputation risks most feared by the banks, the report said.

One merchant was debanked when bank employees decided that the merchant was engaging in “an incitement of hate” for processing payments for a planned event which described Black Lives Matter as “Marxists” and called Joe Biden and Anthony Fauci “the enemy.”

Banks regularly used hate group designations from the Southern Poverty Law Center to debank customers.

The SPLC was indicted in April on federal fraud and money-laundering charges, with prosecutors alleging it defrauded donors of millions of dollars. FBI Director Kash Patel has described the non-profit as a “partisan smear machine.”


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