US Treasury Secretary Scott Bessent accuses major banks of having restricted customers’ access to financial services based on their views and lawful business activities. Bloomberg News reports.
The statement follows a report from banking regulator OCC showing that major banks discriminated against certain customers through subjective assessments of reputational risks. According to Bessent, people from across the political spectrum have been affected. He promises continued efforts to ensure fair access to the banking system regardless of political or religious beliefs.
