Elizabeth Warren Urges Trump to Support CFPB Efforts to Fight Debanking.

Democratic Senator Elizabeth Warren is urging President Donald Trump to support efforts by the Consumer Financial Protection Bureau (CFPB) to combat the unjust closure of bank accounts, a practice known as debanking. Warren highlighted bipartisan concerns over this issue, citing instances where banks have closed accounts for reasons such as overdraft fees, religious affiliations, or political beliefs. She proposed legislation to protect individuals' right to a bank account, increase penalties for banks engaging in unjust debanking, and involve other financial regulators in addressing this issue. [Extracted from the article]