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32 sats \ 2 replies \ @Scoresby 10h \ on: Reactions to Trump’s Debanking Executive Order - Nic Carter post Politics_And_Law
It's almost like more regulation doesn't fix things...
Trump's EO nullifies Operation Chokepoint 1.0 and 2.0 which were stealth operations
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It has to be checked at the door.
I gather he is putting forth the notion “politicized debanking” isn’t really a banking problem it’s a regulator problem.
Fix the regulatory back channels and target the choke points, then the secret politics will drain out of banking without turning every bank into a public utility.
For being his second post on substack it has only gotten better. 👌
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