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4min chapter
Shooting Down the Spirit of Aloha
Advisory Opinions
Exploring the Controversy of Debanking: Past and Present
This chapter explores the phenomenon of 'debanking', tracing its roots from the Obama administration's Operation Chokepoint to contemporary practices under the Biden administration. It highlights how regulatory pressures can compel banks to sever ties with entire industries, particularly focusing on payday lenders and the current challenges faced by cryptocurrency companies.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode