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2 Florida Banks Close Trump’s Accounts

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2 Florida Banks Close Trump’s Accounts

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Two Miami-area banks have cut ties with former President Donald Trump by closing his accounts, multiple outlets reported on Jan. 21. Bank United, where Trump held between $5 and $25 million at the end of 2020, announced its decision on Thursday. “We never had a lending relationship with Donald Trump and we no longer have any depository relationship with him,” a bank representative said in a statement emailed to the Miami Herald. Professional Bank, where Trump held between $5 and $25 million, announced last week that it had closed Trump’s accounts. The Trump Organization did not return a request for comment. The announcements from the Florida banks follow similar moves by Signature Bank in New York and Deutsche Bank. The firms have cut their ties with Trump in the wake of the breach of the U.S. Capitol on Jan. 6. Democrats and the establishment media have accused Trump of inciting the …

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