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Banks, financial services firms next to bow to 'woke left,' ban conservatives, warns Rep. Ted Budd
[Just the News] "It's just the next frontier for the radical left," said the North Carolina Republican, a member of the House Financial Services Committee.

A new frontier in "cancel culture" is looming on the horizon: Banking and financial services firms could ban conservative customers and others from industries targeted by the left, warns North Carolina Republican Rep. Ted Budd, a member of the House Financial Services Committee.
NO FDIC or other Fed insurance/coverage for financial firms that discriminate
The targets appear to include Republican members of Congress who voted to challenge the 2020 election results (just as some Democrats did in 2017, 2005 and 2001 without facing financial backlash). Additional possible targeted industries range from fossil fuels and firearms to for-profit colleges and payday lenders.

Affirm, a company extending installment loans for consumers to use at the point of sale to finance a purchase, confirmed to The New York Times last month that "it severed ties with MyPillow." MyPillow CEO Mike Lindell, a prominent supporter of former President Trump, has come under fire for his disputed claims about election integrity during the 2020 election.

Rep. Ted Budd (R-N.C.), a member of the U.S. House Financial Services Committee, told "Just the News A.M." television program on Friday morning that financial institutions are coming under pressure from the left to deny services to customers, calling it "the next frontier for the radical left."

"I think all of them are feeling pressure right now," Budd said. "Just as we in elected office have to realize who our constituency is — for me, it's about 750,000 people across 10 counties in North Carolina — they have to realize who their constituents are. And that's depositors. That's real men and women go into work every day out there."

Budd, who owns a gun store and is a federally-licensed firearms dealer, said "the woke left" not only wants to push government agendas to the left, they also desire to push corporate agendas to the left.
Posted by: Ebbereger Unainter6303 2021-02-25
http://www.rantburg.com/poparticle.php?ID=595705