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Gregg Jarrett: Banking discrimination based on politics is illegal

Ó£ÌÒÊÓƵ legal analyst Gregg Jarrett explains that banking discrimination based on political or religious beliefs violates federal and state laws.

Ó£ÌÒÊÓƵ legal analyst Gregg Jarrett tells Lawrence Jones that banking discrimination for political or religious purposes is illegal. Jarrett asserts that federal and state laws protect consumers, making it unlawful to close accounts based on political or religious beliefs, unless criminal activity is suspected. He warns of civil enforcement actions, including significant financial penalties, for banks and their officers.