A segment of the Right has developed a growing suspicion of financial institutions. This group views any announcement or policy change by banks with skepticism, even when such policies actually work to expand access for, and protect the interests of, conservatives.
These suspicions are not unfounded. It has been widely reported that many banks took missteps, not only in response to changing markets, but also to changing pressures from Washington. However, the notion that these missteps are driven by systemic political discrimination among financial institutions is categorically false.
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