The Quietest Cancel You’ll Never See: How Banks Are Rewriting Politics with AML
Banks are using anti-money laundering regulations as an unassailable shield to sever ties with politically toxic clients. Capital One’s closure of Trump Organization accounts isn’t about crime โ it’s about survival. The real cancel culture isn’t on social media; it’s in the compliance departments of the world’s largest banks, and it’s rewriting the rules of political participation without a single vote.