PNC Bank informed Donald Trump Jr. on Thursday that it would no longer support his news aggregation app. The former president’s son attributed the bank’s move to “cancel culture” during a live broadcast on Newsmax with anchor John Bachman.
Trump made the remarks in Washington, D.C., at the Conservative Political Action Conference (CPAC), a gathering of many well-known Republicans. Senators Ted Cruz of Texas, J.D. Vance of Ohio, and former UN Ambassador Nikki Haley are among the speakers at the event. Trump Jr. will address the CPAC audience on Friday morning, and his father will perform on Saturday night.
In essence, PNC Bank terminates our relationship via text message—not even a phone call, he claimed. “A letter with a cashier’s check for, you know, what we had in an account for a news aggregator, not even someone producing like right-wing propaganda, but something that takes all the news to make sure that you see it,” the man said.
Trump did not go into detail about the alleged letter’s motivation, and it was unclear why PNC Bank allegedly wanted to stop doing business with MxM News.
“Our account closure decisions are never driven by politics,” the response continued. PNC does not comment on specific account closures, which may occur for a variety of reasons. “As a national bank, we understand and respect the diversity of political ideas held by our clients and employees,” the bank says.
The more youthful Trump is also the executive vice president of the Trump Organization and the host of the podcast Triggered, as well as the founder of MxM News with Taylor Budowich, a former Trump Sr. spokesman.
