Deutsche Bank, Signature Bank and the Professional Bank of Florida – which gave Trump an $11million loan in 2018 to buy his sister’s home in Palm Beach.
The loan has a 4.5 percent interest rate and expires in 2048. He also has between $5million and $25million with them in a revocable trust.
Deutsche Bank was the first to cut ties after years of controversial dealings. It was Deutsche Bank that continued giving Trump loans in the 1980s and 1990s as others cut him off.
Signature Bank in New York followed suit.
Citigroup has also paused all political donations until March.
‘We want you to be assured that we will not support candidates who do not respect the rule of law,’ Candi Wolff, the bank’s head of government affairs, wrote in an internal memo.
Visa, JPMorgan Chase, Goldman Sachs, BlackRock, Bank of America and Wells Fargo have all suspended donations through their PACS.
Social media giants Facebook and Twitter have been censoring Trump throughout his presidency whenever they say he breaches their rules.
In the past, they have merely flagged his tweets or posts as fake or accused him of spreading misinformation.
After the riot last week, they blocked his accounts.
Facebook says it stands by the decision not to let him use either his Facebook page or Instagram page indefinitely.
Twitter – which Trump used to communicate with his followers – says it has permanently banned him.
YouTube has also now suspended his account for a week.
Parler, the website where many of his supporters openly discussed their plot to storm the Capitol, was scrubbed from Amazon Web Services which in essence, banished it from the internet.
Parler sued Amazon for anti-trust violations. Amazon hit back, accusing the website of inciting violent behavior.
Businesses that have suspended political contributions in response to the riot include;
- Blue Cross Blue Shield
- Best Buy
- Marriott International
The New York State Bar Association is also investigating whether to strip Rudy Giuliani of his ability to practice the law after he appeared at the rally which preceded the riot last Wednesday.
The PGA has canceled plans to host its 2022 tournament at Trump’s Bedminster New Jersey club.
‘It’s become clear that conducting the PGA championship at Trump Bedminster would be detrimental to the PGA of America brand,’ PGA President Jim Richerson said.
The Trump Organization raged against the move, calling it a ‘disappointing decision’.
‘This is a breach of a binding contract and they have no right to terminate the agreement,’ the organization said in a statement.
The British Open golf championship is no longer being held at Trump Turnberry in Scotland.
Bryson DeChambeau also got rid of the Trump logo that was on his bag.
New York City
Mayor Bill de Blasio said on Wednesday that the city of New York would no longer do business with Trump or the Trump Organization.
He is ending the city’s 30-year-old contracts with the Trump Organization to manage the Wollman and Laserk skating rinks in Central Park, and the Central Park carousel.
He is also ending the city’s contract with the organization for Trump’s golf course in the Bronx, Trump Links Ferry Point.
Eric Trump retaliated, saying de Blasio has no right to end the contracts and that the city will owe them $30million if he does.