by Frank Bergman, Slay News:
Billionaire tech investor Marc Andreessen has accused the Biden-harris administration of leading a campaign to pressure financial institutions to “debank” customers who opposed the Democrats’ agenda.
Andreessen made the allegations during an interview with Joe Rogan on his massive podcast.
The Silicon Valley venture capitalist the Biden admin of weaponizing executive agencies to pressure financial institutions to “debank” companies and individuals who are critical of the Democrats.
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“Debanking” is when a person or business has their account shut down and blocked by a financial system.
“The First Amendment says the government cannot censor American citizens,” Andreessen began.
“And so, what they do is if you want to censor American citizens in the government, if you’re smart, you don’t do that.
“What you do is you fund an outside organization and then you have them do it.”
“We have this thing called the Consumer Finance Protection Bureau, CFPB, which was the – it’s sort of Elizabeth Warren’s personal agency that she gets to control,” he continued.
“And it’s an independent agency that just gets to run and do whatever it wants, right?