Thursday, October 23, 2025

Trump Pardonees Want Banks to Forgive Their Past, Too

Republican fundraiser Elliott Broidy was pardoned at the end of President Donald Trump's first term after a conviction for violating a US lobbying law. Yet when he applied for an American Express Co. credit card this year, the lender denied him, citing his criminal history. Mahmoud Reza Banki, the former chief financial officer of social media company X, says he ran into a similar problem. He claims JPMorgan Chase & Co. sought to close his accounts, citing a 15-year-old conviction for making false statements. He, too, had been pardoned at the end of Trump's first term. Both men are suing the financial institutions, claiming they were "debanked" even after their White House reprieves.

Comments

You admit guilt when accepting a pardon. Doesn't erase the crime, shouldn't erase all the consequences. Wonder how our resident pro-business folks will weigh in.

#1 | Posted by mattm at 2025-10-23 10:23 AM

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