Trump’s Former Attorney, John Eastman, Calls Out Bank of America and USAA for Closing Accounts

In a recent turn of events, John Eastman, a former attorney for former President Donald Trump has spoken out after Bank of America and USAA closed his accounts without warning.

Eastman told the Daily Caller that he was “de-banked” twice within a few months by these financial giants due to the backlash he faced for advising Trump during the 2020 election. Despite being federally insured and having received billions in taxpayer bailouts during the global financial crisis, both institutions closed his accounts.

In September 2023, Bank of America informed Eastman of their decision to close his accounts, as shown in a letter obtained by the Daily Caller. Shortly after, in November, USAA followed suit, notifying Eastman of the closure of his two bank accounts.

Eastman expressed his frustration, saying, “We had all our automatic payments and deposits set up with USAA, so shifting everything to a new bank was a real hassle.”

USAA justified their action citing their “Depository Agreement,” which states that they can close accounts without advance notice and may require customers to provide a minimum of seven days’ notice to withdraw their funds. (Read more from “Trump’s Former Attorney, John Eastman, Calls Out Bank of America and USAA for Closing Accounts” HERE)

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