Republican and Democratic leaders agree: Closing the bank accounts of Americans for no apparent reason is wrong.

In recent years, major banks have begun the quiet, calculated and often callous closing of bank accounts belonging to honest, law-abiding Americans — typically without warning, cause or recourse.

The practice is called debanking. And, to put it plainly, it just ain’t right.

According to members of the Senate Committee on Banking, Bank of America "was the subject of 988 improper closure complaints and 584 improper account denial complaints." JPMorgan Chase “was the subject of 1,423 improper closure complaints and 443 improper account denial complaints,” and in 2021, Chase closed the account of retired former National Security Adviser Gen. Michael Flynn’s nonprofit, citing “reputational risk.”

Wells Fargo "was the subject of 1,053 improper closure complaints and 350 improper account denial complaints"; it has faced allegations of closing long-standing customer accounts in "high-risk" categories, like firearms dealers.

Citigroup "was the subject of 742 improper closure complaints and 96 improper account denial complaints," including closing personal and business accounts of Armenian Americans.

Most people are unaware of this practice until it touches them directly. Bank failures and employee embezzlements get far more attention from the media and policymakers. But to those affected, debanking is as devastating as being caught in a bank robbery crossfire — and the........

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