Senate May Block Biden Scheme To Close Bank Accounts Of Businesses That Offend Liberals

The White House, Public domain, via Wikimedia Commons
American Liberty News
- July 15, 2024
0 views 2 min

, a progressive host and former press secretary for President Joe Biden, voiced deep concerns this weekend about the climate of fear and violence, supposedly towards journalists, following the near assassination of former President .

During an appearance on ' “” with , Psaki addressed the tension and the possibility of violence in the wake of the assassination attempt. She emphasized that attributing the attack to Democrats and the media only heightens fears and escalates the risk.

The United States Senate Committee will meet this week to discuss the “SAFER Banking Act,” a bill by Sen. (R-MT) that stops the from pressuring banks to close the accounts of law-abiding Americans engaged in businesses that offend liberals.

Daines pointed to “Operation Chokepoint,” an Obama-era Treasury Department program to close the bank accounts of legal gun sellers, current Biden administration efforts to cut off access to banks by legal cannabis retailers, and proposed plans to shut off bank accounts of so-called “climate offenders” or otherwise do not comply with so-called “environmental and social guidance” rules written by liberal activists.

“The ‘SAFER Banking Act' is about keeping our Montana communities safe and reducing the risk of but it's also an important opportunity to ensure all legal businesses, including firearm manufacturers and energy producers, are protected from the Left's woke agenda. No legal Montana business should be shut out of banks or credit unions. I'm glad to work with my colleagues to strengthen this bill and ensure Montana businesses are able to access financial institutions,” said Daines.

Banks and credit union are among those opposing Biden's plans for federally-controlled bank accounts.

“The bottom line is that the voters of Montana have legalized cannabis at the state level, and when the federal government denies cannabis-related businesses access to banking services, it makes our communities less safe and less prosperous.  The SAFE Banking Act provides a safe and predictable environment for Montana banks to serve legitimate, state-regulated cannabis-related businesses,” said Sam Sill, President/CEO of Montana Bankers Association.

Daines does not support legalizing cannabis, but also opposes the federal government closing the banks accounts of businesses abiding by state law.

“This crucial piece of legislation provides a secure platform for cash and payroll deposits for legal Montana businesses, which ensures the financial security of their employees,” added Karen Smith, SVP/Chief Advocacy Officer of Montana's Credit Unions.

The bill will be considered for further action in a Wednesday, Sept. 27 executive session.

The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.

3 Comments
    hadenough

    Anybody else remember when Progressive Socalists/Dimocrats were hysterically denigrating Trump for being excessively “authoritarian”?

    Margaret

    I would say this leaves no doubt that Dems are working to destroy America. Time we leave them out of gov’t. by voting All GOP !

Leave a Reply

Security

0 views
American Liberty News

Trump Will Make US Military World’s ‘Most Modern, Lethal And Powerful’

MONDAY PDB – The US needs to rebuild its military might. Trump and
- July 15, 2024
0 views
American Liberty News

Terrorism Is A Threat. Constitutional Carry Is The Solution

If you want to combat terrorism, there are a lot of things
- July 13, 2024
0 views
American Liberty News

Israel Ready To Invade Lebanon To Destroy Iran’s Terror Proxy, Hezbollah

ANALYSIS – Will this provoke a wider regional war with Iran? Although
- July 13, 2024
0 views
American Liberty News

US And NATO Focus On China And Arctic Threats

FRIDAY PDB – NATO allies call China a ‘decisive enabler’ of Russia’s war
- July 12, 2024

Foreign Affairs

0 views
American Liberty News

Report: Biden Skipped Crucial Meeting Because Of Early Bedtime

The Wall Street Journal reported Wednesday that President Joe Biden declined an
- July 10, 2024
0 views
American Liberty News

The French Revolution: Part Deux

French Prime Minister Gabriel Attal announced his resignation following the victory of
- July 10, 2024
0 views
American Liberty News

Columbia University Addresses Antisemitic Texts From Administrators

Columbia University has finally addressed the issue surrounding the three deans who
- July 10, 2024
0 views
American Liberty News

BBC Host Calls For Trump’s Assassination, Blames Critics For Lack Of Humor

BBC presenter David Aaronovitch has come under fire for urging President Biden
- July 9, 2024

Business & economics

0 views
American Liberty News
0 views
American Liberty News

Congress Investigating Whether Woke Activists Broke Federal Tax Law With ESG Investment Schemes

A key congressional committee is now investigating whether a liberal activist scheme to
- June 25, 2024
0 views
American Liberty News

Elizabeth Warren For Fairness?

Today, U.S. Senator Elizabeth Warren, also known as the fake Indian, will speak
- June 17, 2024
0 views
American Liberty News

Citizens Sue City Over Scheme To Pay Race Reparations

A group of Evanston, Illinois, residents are suing their city government over a
- June 7, 2024

heath & science

0 views
American Liberty News

Award-Winning Actress Shelley Duvall Passes Away At 75

Award-winning actress Shelley Duvall has died. The longtime movie star and producer known
- July 11, 2024
0 views
American Liberty News

Former Oklahoma Senator Jim Inhofe Dead At 89

Former Oklahoma Senator Jim Inhofe, a towering figure in conservative politics, passed away
- July 10, 2024
0 views
American Liberty News

Renowned Neurologist’s Frequent White House Visits Raise Alarms

Much of the country believes that Joe Biden does not have the mental
- July 10, 2024
0 views
American Liberty News

Joe Biden Is The Real ‘Cheap Fake’ – Entire Presidency A Lie

ANALYSIS – Cheap fake president. Despite the outrageous spin and deception, by the
- July 9, 2024

American Liberty Arms

Elderly Oakland Homeowner Shoots Burglar, Goes To Jail

The Oakland Police Department has jailed a 77-year-old homeowner on suspicion of murder. The arrest

Vending Machines For Ammo!

Grocery stores in Alabama and Oklahoma have adopted AI-powered ammo vending machines from American Rounds,

Alec Baldwin Manslaughter Trial Begins

The trial for actor Alec Baldwin for the fatal shooting of cinematographer Halyna Hutchins on

Olympic Shooting Grandma Shoots Intruder While Handcuffed to Chair

Bodycam footage shows the aftermath of an Idaho home invasion that didn’t end well for

At American Liberty News, we eschew the mainstream media’s tightly controlled narrative to provide our readers with real news, real insights, and the means to take action. We seek out insightful coverage – and partner with knowledgeable and experienced people and organizations to bring you the information and insight our readers demand.

 

We humbly seek to provide the tools and information necessary for our readers to decide for themselves what is true and what is right.

American Liberty News ©2022

Evolution Digital Media  |   1900 Reston Metro Plz  |  Suite 600  |  Reston, VA 20190