The Socialist Program with Brian Becker

Cutthroat Bankers' New Scheme: Why Banks Are Suddenly Closing Accounts

11.08.2023 - By The Socialist ProgramPlay

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On today's episode Brian and Prof. Richard Wolff discuss why people all over the country are finding out at the checkout counter that their bank accounts aren't working. Banks are suddenly closing accounts—sometimes without any notice—in what bankers are calling "de-risking," despite the individuals, families, and small businesses that are hit not doing anything wrong.

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

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