Claims of Political Debanking Spark Executive Order plus Media Misleads on Gerrymandering Claims
Claims of Political Debanking Spark Executive Order plus Media Misleads on Gerrymandering Claims  
Podcast: The Ben Ferguson Podcast
Published On: Wed Aug 06 2025
Description: 1. Allegations of Political Debanking Former President Donald Trump claims that major banks like JP Morgan Chase and Bank of America refused to do business with him after he left office, despite his substantial assets. Trump alleges this was due to political bias, targeting conservatives, Christians, and Second Amendment supporters. He recounts being forced to close long-standing accounts and being denied the ability to deposit over $1 billion. 2. Draft Executive Order Trump is reportedly preparing an executive order to penalize banks for politically motivated debanking. The order would invoke laws like the Equal Credit Opportunity Act, antitrust laws, and consumer protection statutes. Enforcement could include financial penalties, consent decrees, or other sanctions. 3. Market & Bank Responses JP Morgan Chase and Bank of America stocks dipped slightly following Trump’s remarks. JP Morgan denied closing accounts for political reasons but expressed openness to regulatory reform. Bank of America declined to comment. 4. Claims of Gerrymandering The podcast criticizes Democratic-led states for alleged gerrymandering, presenting data on disproportionate representation of conservatives in states like California, Massachusetts, New York, and Illinois. It contrasts this with redistricting efforts in Texas, defending them as legal and representative. 5. Texas Legislative Walkout Over 50 Texas House Democrats fled the state to block a GOP redistricting plan. Governor Greg Abbott responded with threats of civil arrest and legal action. The walkout is compared to past quorum-breaking strategies in Texas. 6. Flood Relief Controversy Democrats are accused of downplaying flood recovery efforts in Texas, calling it a “Republican talking point.” The episode criticizes Democratic lawmakers for allegedly prioritizing political strategy over disaster relief. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #VerdictSee omnystudio.com/listener for privacy information.