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Transcripts for BBCNEWS Verified Live 20240604 16:39:00

us what has happened. do you now know why your account was closed? yet, so we approached several banks before we went there. most of the banks refused our applications and said they didn t take political parties or political organisations as clients. which in itself is the bigger problem here. at this in particular a case in november 2021, coots opened an account for us in on the 13th ofjuly we got an e mail saying that in two months time from the 13th of september, the account would be closed and that we wouldn t have any redress, we wouldn t be able to find out any information about why that was happening. it is under the present rules, that s why i m speaking out about this because it is really important fact new political actors, political parties, individuals can have access to banking facilities and accounts, otherwise we don t have a functioning democracy, and at the

Transcripts for BBCNEWS The Daily Global 20240604 18:48:00

that we were a political party. but this is not, and i must stress this, this is not an issue just about monzo. this is the entire banking sector who are denying people, like political parties, access. i think it s a really important issue that we address this, which is why i am speaking out, because if you can t have access to banking facilities at a time when voters are saying, we don t trust most of the mainstream parties, we want an alternative. but those alternative voices are not allowed into the political arena. how can we possibly have a properly functioning democracy is made even worse than that, what we have been told by several banking institutions is that if our candidates win in the next general election, for example, i am a prospective candidate for parliament, that if we were successful, then they would have to look again at our personal and business accounts because then we would be politically exposed persons. so there is a threat hanging over people who are trying t

Transcripts for BBCNEWS Nicky Campbell 20240604 08:10:00

their business and they had said, we have this brand called coutts. he - their business and they had said, we have this brand called coutts. he isi have this brand called coutts. he is promoting have this brand called coutts. he is promoting the have this brand called coutts. he is promoting the fact have this brand called coutts. he is promoting the fact he have this brand called coutts. he is promoting the fact he banks - have this brand called coutts. he is promoting the fact he banks with l promoting the fact he banks with coutts promoting the fact he banks with coutts and promoting the fact he banks with coutts and there promoting the fact he banks with coutts and there is promoting the fact he banks with coutts and there is a promoting the fact he banks with coutts and there is a lot - promoting the fact he banks with coutts and there is a lot of- promoting the fact he banks with| coutts and there is a lot of cachet among coutts and there is a lot of cachet amo

Transcripts for MSNBC Morning Joe 20240604 11:25:00

have control over. that s things like, is washington willing to pay its bills for charges it s already made? we ve got to de-politicize this because this is not political. this is purely economic. what it s going to mean for a state like maryland if we allow ourselves to go into default, to allow ourselves to show we re not trustworthy to pay our bills, is things like tens of thousands of veterans in the state of maryland will lose access to medical care. it does mean things like economic growth that we ve been able to show in the state of maryland, that we ve been a stagnant economy the last eight years and we ve had measurements of growth. in the first five months, that kind of growth is going to stop because it is going to decrease things like access to capital. it is going to decrease things like the opportunity for low and moderate income communities to be able to gain access to banking facilities. so this is a real challenge that we are going to have to deal with because, in wash

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