Considerations for the Near-Term Future of 'Debanking'

Nicholas Anthony, a policy analyst at the Cato Institute and expert on debanking, dives into the troubling realities of financial exclusion faced by marginalized groups. He discusses how federal regulations create barriers to banking, sometimes targeting ideological opponents. The conversation highlights the complexities of regulatory pressure that can lead banks to close accounts to avoid compliance issues. Anthony also advocates for legislative reforms to protect vulnerable populations and ensures a more equitable banking system.