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Donald Trump: Banks closing former President’s account, refusing to do business with him

Banks are cutting ties with former President Donald Trump as corporate America and Big Tech continue to deny services to him and other conservatives.

Two Florida-based banks have ceased doing business with the country’s 45th president, the Miami Herald reported Friday. The moves come as other institutions are distancing themselves from him after Democrats and the establishment media blamed Trump for the Jan. 6 Capitol incursion.

BankUnited, where the former president stored more than $5 million, said Friday it had closed his accounts.
“We no longer have any depository relationship with him,” a BankUnited representative said in a statement to the Herald. No specific reason was given for the bank’s decision to cut ties with Trump.
Another Florida-based financial institution severed its relationship with the former president last week.
According to the Herald, Professional Bank, which is based out of Coral Gables, had loaned the Trump family $11.2 million in 2018 to buy real estate near Trump’s Mar-a-Lago club. Trump had also kept between $5 million and $25 million in an account with that institution, according to the Herald.
The South Florida banks are just the latest such institutions to refuse Trump financial services since Jan. 6.
Signature Bank, which is based in New York, and the German institution Deutsche Bank also both announced that Trump and his business were no longer welcome, The Hill reported. Signature Bank even called for the president to resign.
“To witness a rioter sitting in the presiding chair of the U.S. Senate and our elected representatives being told to seek cover under their seats is appalling and an insult to the Republic,” Signature Bank said in a statement. “We witnessed the President of the United States encouraging the rioters and refraining from calling in the National Guard to protect the Congress in its performance of duty.”
The bank also said it would also not be doing business with congressmen or women who objected to the electoral vote certification.
Deutsche Bank, meanwhile, said it would cease doing business with Trump and his brand, aside from expecting him to continue to stay current on outstanding loans.
Trump’s son, Eric Trump, commented on the banks serving ties with his father and the family business, connecting it to “cancel culture.”
“We live in the age of cancel culture, but this isn’t something that started this week. It is something that they have been doing to us and others for years,” the younger Trump told The Associated Press last week. “If you disagree with them, if they don’t like you, they try and cancel you.”
Eric Trump also told the AP that the Trump Organization is not bothered by the severed business relationships, and would lean on its own holdings and other institutions that are standing by the now-former president and his family.
“You have a man who would get followed to the ends of the Earth by a hundred million Americans,” Eric Trump said. “He created the greatest political movement in American history and his opportunities are endless.”
Canceling the accounts of those connected to the political right is, as the younger Trump asserted, nothing new. A Project Veritas investigation in 2019 appeared to show that Proud Boys leader Enrique Tarrio had his account with Chase Bank closed over his political views, though Chase denied that was the reason.
As banks refuse to do business with Trump, thousands of conservatives, including the former president, have also been purged from social media in recent weeks.

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BREAKING: President Tinubu declares state of emergency in Rivers [Details of broadcast]

TEXT OF THE BROADCAST BY PRESIDENT BOLA AHMED TINUBU, COMMANDER-IN-CHIEF OF THE ARMED FORCES, DECLARING STATE OF EMERGENCY IN RIVERS STATE ON TUESDAY 18 MARCH 2025

Fellow Nigerians, I feel greatly disturbed at the turn we have come to regarding the political crisis in Rivers State. Like many of you, I have watched with concern the development with the hope that the parties involved would allow good sense to prevail at the soonest, but all that hope burned out without any solution to the crisis.

With the crisis persisting, there is no way democratic governance, which we have all fought and worked for over the years, can thrive in a way that will redound to the benefit of the good people of the state. The state has been at a standstill since the crisis started, with the good people of the state not being able to have access to the dividends of democracy.
Also, it is public knowledge that the Governor of Rivers State for unjustifiable reasons, demolished the House of Assembly of the state as far back as 13th December 2023 and has, up until now, fourteen (14) months after, not rebuilt same. I have made personal interventions between the contending parties for a peaceful resolution of the crisis, but my efforts have been largely ignored by the parties to the crisis. I am also aware that many well-meaning Nigerians, Leaders of thought and Patriotic groups have also intervened at various times with the best of intentions to resolve the matter, but all their efforts were also to no avail. Still, I thank them.
On February 28, 2025, the supreme court, in a judgment in respect of about eight consolidated appeals concerning the political crisis in Rivers State, based on several grave unconstitutional acts and disregard of rule of law that have been committed by the Governor of Rivers State as shown by the evidence before it pronounced in very clear terms:
“a government cannot be said to exist without one of the three arms that make up the government of a state under the 1999 Constitution as amended. In this case the head of the executive arm of the government has chosen to collapse the legislature to enable him to govern without the legislature as a despot. As it is there is no government in Rivers State.”
The above pronouncement came after a catalogue of judicial findings of constitutional breaches against the Governor Siminalayi Fubara.
Going Forward in their judgment, and having found and held that 27 members of the House who had allegedly defected
“are still valid members of Rivers State House of Assembly and cannot be prevented from participating in the proceedings of that House by the 8th Respondent (that is, the Governor) in cohorts with four members”
The Supreme Court then made some orders to restore the state to immediate constitutional democracy. These orders include the immediate passing of an Appropriation Bill by the Rivers State House of Assembly which up till now has not been facilitated.
Some militants had threatened fire and brimstone against their perceived enemy of the governor who has up till now NOT disowned them.
Apart from that both the House and the governor have not been able to work together.
Both of them do not realise that they are in office to work together for the peace and good governance of the state.
The latest security reports made available to me show that between yesterday and today there have been disturbing incidents of vandalization of pipelines by some militant without the governor taking any action to curtail them. I have, of course given stern order to the security agencies to ensure safety of lives of the good people of Rivers State and the oil pipelines.
With all these and many more, no good and responsible President will standby and allow the grave situation to continue without taking remedial steps prescribed by the Constitution to address the situation in the state, which no doubt requires extraordinary measures to restore good governance, peace, order and security.
In the circumstance, having soberly reflected on and evaluated the political situation in Rivers State and the Governor and Deputy Governor of Rivers State having failed to make a request to me as President to issue this proclamation as required by section 305(5) of the 1999 Constitution as amended, it has become inevitably compelling for me to invoke the provision of section 305 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, to declare a state of emergency in Rivers State with effect from today, 18th March, 2025 and I so do.
By this declaration, the Governor of Rivers State, Mr Siminalayi Fubara, his deputy, Mrs Ngozi Odu and all elected members of the House of Assembly of Rivers State are hereby suspended for an initial period of six months.
In the meantime, I hereby nominate Vice Admiral Ibokette Ibas (Rtd) as Administrator to take charge of the affairs of the state in the interest of the good people of Rivers State. For the avoidance of doubt, this declaration does not affect the judicial arm of Rivers State, which shall continue to function in accordance with their constitutional mandate.
The Administrator will not make any new laws. He will, however, be free to formulate regulations as may be found necessary to do his job, but such regulations will need to be considered and approved by the Federal Executive Council and promulgated by the President for the state.
This declaration has been published in the Federal Gazette, a copy of which has been forwarded to the National Assembly in accordance with the Constitution. It is my fervent hope that this inevitable intervention will help to restore peace and order in Rivers State by awakening all the contenders to the constitutional imperatives binding on all political players in Rivers State in particular and Nigeria as a whole.
Long live a united, peaceful, secure and democratic Rivers State in particular and the Federal Republic of Nigeria as a whole.

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Plateau gov’t expresses concern over violence in Shendam LGA, calls for calm

The Plateau state government has expressed concern over violence in Shimankar (Menkaat), Shendam Local Government Area, of the State which unfortunately caused unnecessary tension within the community.

In a statement by the State Commissioner for Information and Communication, Hon Joyce Lohya Ramnap, made available to journalists in Jos, it condemned in strongest terms and warned such violence would not be tolerated any longer.

The statement called for dialogue to differences and disagreement before it snowballed into violence, adding that government will not allow anyone to undermine peace and unity of the State.
Part of the statement read: “I want to reiterate the Plateau State Government’s unwavering commitment to upholding peace and security for all citizens, especially during such tense moments.”
Acknowledging the swift response of law enforcement agencies and the traditional institutions in containing the situation, we are calling for even greater collaboration between community leaders, security agencies, and the public to prevent further escalation,thus the need to maintain peace, calm and restraint from all parties.
“We urge the people of the community to pursue peaceful resolutions to any disagreements instead of resorting to violence.”
In line with the administration’s “Time is Now” vision under the leadership of Governor Mutfwang, I want to emphasise that the state is focused on ensuring lasting peace and harmony, irrespective of religious or tribal differences.
Government is also assuring the public that security agencies have been instructed to conduct a thorough investigation into the root causes of the skirmishes and to ensure that those responsible for any breach of public peace are held accountable.
Towards this end, Plateau citizens are to remain vigilant yet peaceful and to actively support all efforts to de-escalate the situation as the State Government is committed to fostering a peaceful coexistence for all citizens, the statement further reads.

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Governor Alia distances self from protest against Benue CJ

As protest rocks Benue State against the Chief Judge, Justice Maurice Ikpembese for relocating the Benue Local Government Election Petitions Tribunal from Makurdi to Abuja, Governor Hyacinth Alia has distanced himself from the protest.

Protesters in their hundreds from Benue State took to the streets of Abuja on Monday, for a peaceful protest from the National Assembly to the Supreme Court to express their outrage over the Benue CJ’s decision.

Prior to Monday’s massive protest Justice Ikpembese raised security concerns and moved the Tribunal to Abuja, a development that triggered protest as they are saying the Tribunal would have remained in Makurdi for them to monitor proceedings.
The tribunal is currently handling disputes arising from the Benue State Local Government elections conducted on October 5, 2024.
Reports indicate that 93 petitioners, including aggrieved candidates from both the All Progressives Congress and the Peoples Democratic Party, have filed cases at the tribunal since October 17, 2024.
The Benue State Government, through the Attorney General and Commissioner for Justice and Public Order, Mr. Fidelis Mnyim, had questioned the CJ’s unilateral decision, noting that neither the governor nor his office had been formally notified.

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