Texas Attorney-General Ken Paxton has spoken at a Turning Point USA event to detail a series of unjust obstacles he has been facing since taking office, one of those being debanking.
According to Paxton, as many as four different banks denied him their services, which was followed by a US Securities and Exchange Commission (SEC) lawsuit, attempts to revoke his law license, and an FBI investigation.
This was happening during the last four years of the Biden-Harris Democrat administration, suggesting that the reasons were political, but it went all the way to “a Republican split”: while the state House tried to impeach Paxton – the Senate later acquitted him in the impeachment trial.
The takeaway here is that democratic norms and the principle of due process are at this point considerably compromised and highly vulnerable to political influence.
And Paxton is by no means the only high-profile individual to become the target of debanking. When the new administration took over after President Trump’s first term in office, his wife Melania, and son Barron were denied banking services.
Hellbound and Down 