News and Commentary

Now The Banks: Lenders Cut Trump, Other Lawmakers Off, Citing U.S. Capitol Riot

Tim Pearce
Now The Banks: Lenders Cut Trump, Other Lawmakers Off, Citing U.S. Capitol Riot
Drew Angerer/Getty Images

Two banks that previously did business with President Donald Trump are cutting him off following the Jan. 6 riot in the U.S. Capitol.

Deutsche Bank AG, a German lender, and Signature Bank, a New York-based institution, have both announced that they will no longer do business with Trump because of his actions on Jan. 6. Signature Bank went farther saying that it would not do business with any lawmaker that voted against certifying the 2020 election results, according to Bloomberg.

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