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Editor's Note:

 
Major bank failures are always cause for alarm, but Virginia Allen's discussion with financial and investment expert David Bahnsen offers a calming analysis. As a JP Morgan Chase shareholder, also, Mr. Bahnsen explains his investigation into evidence that this major bank has been closing accounts of religious and politically conservative organizations. Such shareholder questioning is an important step in eliminating cancel culture in influential financial institutions. Reprinted with permission. Pat Daugherty, Ed.D.
Is My Money Safe? Financial Expert Explains Recent Bank Failures, Questions Activity of JPMorgan Chase
May 17, 2023

Americans needn’t worry about the safety of their money at the bank, financial and investment expert David Bahnsen says.

Three large American banks have collapsed since the beginning of the year, but “there’s almost nothing in common at all with these three banks closing, relative to all the 2008 closings,” says Bahnsen, founder and chief investment officer of the wealth management company The Bahnsen Group. 

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