Americans deserve to know how far Bank of America’s de-banking went
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Americans deserve to know how far Bank of America’s de-banking went
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Bank of America needs to come clean: Did it “de-bank” the makers of a film about Ronald Reagan?
That’s the claim made by RawHide Pictures, the production company behind the biopic about the great Californian conservative.
RawHide showed The California Post a 2021 letter from the bank in which it told the company that it would be closing its accounts.
The company’s accounts were later restored, after an appeal — but not before it had to scramble to find another bank.
Bank of America never provided the company any explanation, and it still refuses to say why it cut its ties with the “Reagan” filmmakers.
But the decision came around the same time that Bank of America allegedly cut ties with other conservatives — including, most infamously, President Donald Trump himself.
Trump said a year ago that Bank of America and JP Morgan Chase both rejected his deposits........
