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Farage Fallout: NatWest to Replace Chairman Amid Debanking Scandal

Will new debanking rules compound the UK Consumer Duty?

Polly James and David Scott explore the potential impact of the proposed rules on UK banks.

Farage Ally Richard Tice Also Debanked for Political Beliefs

Transcripts for FOXNEWS FOX and Friends Sunday 20240604 13:26:00

obviously a charity working in uganda. what do you think is going on here. what s going on here, they re making up reasons after the fact to try to cover their r bad actions. they gave these reasons four months after they closed the accounts. they came up with excuses after the media tried to out23450eus e them. you look at the reasons, none of them add up, don t withstand scrutiny. the only way to understand the situation is you close their account because of religious beliefs or activities. this is something we re concerned about. debanking is on the rise, you mentioned nigel, there s other debanking things going on, jp morgan chase debanged a relidge debanked a religious nonprofit last year. americans shouldn t have to fear they could lose their bank

Transcripts for FOXNEWS FOX and Friends Sunday 20240604 13:24:00

discrimination. the senior counsel is representing the christian nonprofit and he joins us now. jeremy, thank you for joining us this morning. debanking is real. we ve had nigel feraz on our show the other week, he experienced this in england. we saw what happened with the canadian truck drivers. tell us what happened with the rise chan group and why you think what happened with the christian group and why you think it happened. they closed down a group that feeds and clothes orphans in uganda and closed the account of a memphis church that gives to the charity. they gave no reason for it, citing the policies that say risk tolerance or we don t do business with your business type anymore. those aren t reasons. those a are evasions. our client asked for four months for the reasons and the employees read back the vague reasons. we fired a complaint with the

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