Bank gets bailed out? That's a dire sign for the fundamental value of the dollar to regular people if this is a regular practice.
Bank gets bought up? Well we don't really have 5k banks anymore do we?
"Our insurance system works" is not a bad sign for your financial system.
Certain things should be difficult to accomplish in a functional society anyways, and administering a profitable hate group is one of those things. If not bankrupted by their lack of credit card access, they'll eventually run into legal troubles from the damage they cause to innocent people.
Which is how this sort of thing ought to be handled, in stark contrast to "Chrystia Freeland sends an email to the heads of major banks to get troublemakers debanked with zero transparency or due process."
This should be difficult to accomplish in a functional society.
I don't want my banks to know who I send money to via Zelle; but they do. If banks are happy with customers writing checks to 'problematic' people, why they think that frequent Zelle activity as source of risk, as long as customers are not depositing or withdrawing cash/money orders.
