Today marks the publication of my latest report: Understanding Debanking. The report reviews the growing phenomenon of debanking—the sudden and often unexplained closure of financial accounts.

While media and political narratives often attribute these closures to political or religious discrimination, I found that the majority of debanking cases stem from governmental pressure.

Yet, documenting these experiences is only one piece of the report. Another is recommending a new framework for evaluating these experiences. To do so, I introduced four new categories of debanking: governmental, operational, political, and religious.



...read more at cato.org