United States banks just shut it down and many supporters of President Donald Trump are furious. Cancel culture has taken control of America.
“Wall Street is slamming the lid shut on the coffers of its corporate political action committees and threatening pro-Trump politicians on Capitol Hill with blacklisting,” reported Breitbart News.
J.P Morgan Chase, Citigroup, Goldman Sachs, have suspended donations through their respective PACs, while Bank of America and Wells Fargo “are still considering their response but are likely to follow the path chosen by their competitors.”
What has occurred is obvious: Republican lawmakers with a different or even slightly nuanced opinion about the 2020 election are being bullied into changing their position. Left-wing cancel culture is trying to hit them in the pocketbook.
But there may be an upside. “Typically, bank contributions to political action committees and politicians are considered by the Americana public some of the worst intersections of money and politics,” noted Breitbart’s John Carney.
It is possible that this will encourage more Republicans to separate themselves from Wall Street and allow Democrats to become the exclusive Wall Street party. Right now, though, these actions are being used as a political bludgeon to suppress speech.
Read the full story here.