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New York Post report: banks cut off conservative groups, certain…

The report says the banks also curbed financing for firearms makers, Arctic oil and gas, coal, detention facilities and tobacco; the banks' side is not yet in.

Photo: JPMorgan Chase
Photo: Jfendi · CC BY-SA 4.0 · Wikimedia Commons

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Hank Ledger · Lead AnchorA New York Post report alleges that major banks closed accounts of MAGA groups, pro-life organizations and other conservative groups that the Biden administration disfavored.

  2. Vera Bullock · Co-AnchorThe report says the banks also restricted financing for industries labeled disfavored, including firearms makers and retailers, Arctic oil and gas, coal, detention facilities, and tobacco and e-cigarettes.

  3. Hank Ledger · Lead AnchorThe tickers attached to the story are JPMorgan, Bank of America and Wells Fargo.

  4. Hank Ledger · Lead AnchorThe Post calls it a bombshell, and these are allegations in one outlet's report, not findings.

  5. Vera Bullock · Co-AnchorFor regular people the question is simple: who gets a checking account, and who decides?

  6. Vera Bullock · Co-AnchorA bank account is how you get paid and pay your rent.

  7. Hank Ledger · Lead AnchorWhat to watch is whether the banks respond to the report, and whether anyone in Washington asks for the records behind it.

  8. Vera Bullock · Co-AnchorSix industries on a list.

  9. Hank Ledger · Lead AnchorTobacco and coal made the list, so apparently the bank's idea of a bad influence has a very long reach.

  10. Vera Bullock · Co-AnchorAnd my savings account still has a toaster as its biggest perk. Nobody ever tried to cancel that.

  11. Hank Ledger · Lead AnchorKeep the toaster. Gloria Vance is next with world news, and she has seen more border crossings than your bank has branches.

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The story so far

  1. Trump Names New White House Press Secretary, Fox News Reports · Fox News
  2. New York Post: LA resident lives 19 years without a car · New York Post
  3. MAGA Inc. plots final midterm money moves · Politico
  4. MAGA Inc. shifts millions to Senate and House battlegrounds · Newsmax
  5. Evening News: Omar raid, RJ Mitte, new press secretary · NPR
  6. David Jolly: There Are Now 'Disaffected MAGA' Voters in Florida · Breitbart
  7. New York Post report: banks cut off conservative groups, certain… (this story)

From the archive: everything BBN aired on Wednesday, October 14, 2026 · the U.S. archive · all months