Trump Moves to Protect Conservative Bank Customers & Civil Arrest Warrants on the Table for Fleeing Dems
The Ben Ferguson Podcast
iHeartPodcasts
4.9 • 4.7K Ratings
🗓️ 5 August 2025
⏱️ 14 minutes
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Summary
🏦 Proposed Executive Order on Political Debanking
- Context: The White House is reportedly preparing an executive order to penalize banks for closing accounts based on political beliefs.
- Key Provisions:
- Investigate violations of the Equal Credit Opportunity Act, antitrust laws, and consumer protection laws.
- Impose fines, consent decrees, or other penalties.
- Require banks to revoke internal policies that may have led to politically motivated closures.
- Direct the Small Business Administration to review loan practices.
- Targeted Groups: Conservative, Christian, missionary, and Second Amendment organizations allegedly affected.
- Institutions Mentioned: JP Morgan Chase and Bank of America (accused but deny wrongdoing).
- Political Framing: The commentary frames this as a move by Donald Trump to protect conservatives from political discrimination by financial institutions.
🏛️ Texas House Democrats Walkout
- Event: Over 50 Texas House Democrats left the state (to Illinois, New York, Massachusetts) to deny quorum and block a GOP-led congressional redistricting plan that could add up to five Republican-leaning U.S. House seats.
- Historical Context: This mirrors similar walkouts in 2003 and 2021.
- Governor Greg Abbott's Response:
- Issued a 3 PM ultimatum for Democrats to return.
- Threatened to declare seats vacant or issue civil arrest warrants (valid only in Texas).
- Suggested possible felony bribery charges if lawmakers accepted or offered money to skip votes.
- Democrats' Defense: Claimed they are defending democratic norms and using legal tools under Texas law.
- Criticism: The commentary accuses Democrats of prioritizing political agendas over urgent issues like flood relief.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:05.7 | In New York, flanked by Texas Democrats, the governor said she'd push her state to consider redistricting in response to what's happening in Texas. |
| 0:13.5 | This is a war. We are at war. And that's why the gloves are off. |
| 0:17.9 | Subpoenas from Texas don't work in New York. So he's going to come get us how. Sapinas in Texas don't work in Chicago. He's going to come get us how. You're listening to the 47 morning update with Ben Ferguson. Good Tuesday morning. It's so nice to have you with us on the 47 morning update. And we've got two major stories for you. First up, we're hearing now from Donald Trump's |
| 0:38.7 | White House. An executive order is on its way over debanking of conservatives by small, midsize, |
| 0:47.5 | and especially large banks that are attacking conservatives and Christians solely based because of their belief system. |
| 0:57.0 | I'll break that down for you in a second. |
| 0:59.3 | Plus, a major fight happening right now in Texas. |
| 1:03.8 | Yes, Democrats are leaving the state over redistricting battle. |
| 1:08.6 | And it's a big problem that can expand all over the country as Democrats are holding |
| 1:15.1 | state legislators hostage as they're trying to redistrict based on what the voters wanted. |
| 1:21.7 | What does this mean moving forward? |
| 1:23.7 | I'll explain it all to you. |
| 1:25.7 | All right. |
| 1:25.9 | I want to take a moment to talk about the economy. |
| 1:28.0 | You've been seeing what's happening on Wall Street. |
| 1:29.9 | You've seen what's been happening with interest rates. |
| 1:31.5 | And you've probably seen gold prices hitting all-time record highs. |
| 1:37.2 | Why? |
| 1:37.7 | Because there is uncertainty all over the world right now. |
| 1:41.1 | And when there is uncertain times, you want real answers about your financial stability. |
| 1:46.6 | Well, at Kurt Elliott precious metals, you get more than gold and silver. |
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