President Trump is fighting to end the practice of debanking, revealing his own history with being targeted and blacklisted by banks. Meanwhile, sources from within two major banks have confirmed that the Biden administration pressured them to debank the then-former President.

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From The New York Post:

JPMorgan and Bank of America “debanked” President Trump for his role in the January 6 Capitol Hill melee following pressure from the Biden administration’s banking regulators and the Federal Reserve, people with direct knowledge of the matter tell The Post.

The exact reason for Trump and his tens of millions of dollars in holdings being kicked off the JPMorgan banking platform, and then denied access to Bank of America’s services, has yet to be reported.

But sources at the banks — the largest and second-largest in the US in terms of assets — confirmed the case stemmed from the controversy surrounding Trump’s actions that day, and threats from President Joe Biden’s bank regulators that banking the former president’s money put them in danger of falling afoul of rules that prohibit financial institutions from doing business with individuals and companies that present a “reputational risk.”

The Post included quotes from their sources, one of whom explained that regulators “put the fear of God in you if you did business” with people like the President. Another source said plainly, “Think back to what it was like being Trump back in 2021; he was a hot potato after January 6 and the regulators made it clear to us that we shouldn’t do business with him.”

For his part, President Trump shared what it was like to be debanked in a Tuesday interview with CNBC. The President said that JPMorgan told him to empty his accounts shortly after the end of his first term. Bank of America also reportedly denied him services, according to President Trump.

To combat this, the President has announced his intent to sign an executive order to end “politically motivated debanking.” The Post notes that other governmental officials and Republican legislators are backing him up in this effort.

As President Trump seeks to bring an end to political debanking, let’s pray. Let’s ask God to reveal all deeds done in darkness, and let’s pray for an end to politically motivated discrimination.

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(Excerpt from The New York Post. Photo Credit: Win McNamee/Getty Images)