Lummis said big banks debanked President Trump and others over political disagreement, reviving scrutiny of what critics call Operation Chokepoint 2.0.
Senator Lummis said big banks debanked President Trump and others because of political disagreement and called for an investigation into Biden-era Operation Chokepoint 2.0 policies. The remarks point to renewed political scrutiny of alleged debanking, a term used for the closure or restriction of banking services, and of claims that federal pressure shaped banks’ risk decisions during the Biden era.