Cutthroat Bankers' New Scheme: Why Banks Are Suddenly Closing Accounts

On today's episode Brian and Prof. Richard Wolff discuss why people all over the country are finding out at the checkout counter that their bank accounts aren't working. Banks are suddenly closing accounts—sometimes without any notice—in what bankers are calling "de-risking," despite the individuals, families, and small businesses that are hit not doing anything wrong. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.