G. McConway
January 29, 2024

SNL Mocks Trump for Inventing Word, Only…

Well, the writers on Saturday Night Live (SNL) need to do a better job of vetting their jokes.

The crew doing the Weekend Update segment are usually pretty good about such things, but not this time.

They were mocking Trump for using the word de-banking, not realizing it is an actual term used in the financial industry.


The diss on Trump came courtesy of Colin Jost, one of the co-anchors on the SNL Weekend Update desk.

He stated, “Trump introduced an interesting new term: de-banking,” then showed some clips of Trump using the term.

He continued, “I don’t know what the hell ‘de-bank’ means but he might have to take ‘de-ambulance’ to see ‘de-doctor.'”

The audience laughed accordingly…

De-banking, however, is very much a term that has been referred to, meaning when a bank closes all accounts for a customer because it deems that customer presents challenges on such issues as regulatory concerns and risk management.

This term has been used since at least 2017, which is when we saw the first wave of large de-banking being committed against conservative institutions and high-profile conservatives.

If you recall, more recently, Canadian PM Justin Trudeau de-banked the Freedom Convoy, which was protesting vaccine mandates.

Nigel Farage was also refused banking services last year, which led to NatWest CEP Alison Rose being ousted from the position.

Jost is generally a pretty funny guy, but he got this one wrong.

Once again, it remains a bit shocking that the show’s editors and producers did not catch the error.

All they would have to do is Google the term and they would have realized this term has been around for nearly a decade, and it was hardly attributable to Donald Trump.

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