SNL Faces Backlash for Misunderstanding 'Debanking' in Trump Mockery Segment

The term 'debanking', used by Trump and misunderstood by SNL, refers to the closure of accounts due to political or religious views.

Saturday Night Live (SNL) faced backlash after mocking former President Donald Trump for using the term 'debanking', which the show's writers apparently did not understand.
'Debanking' is a real financial term referring to the closure of a customer's accounts, often due to their political or religious views, rendering them unable to conduct financial operations.
Several instances of debanking have been reported in recent years, including the freezing of accounts of Freedom Convoy truckers in Canada, and the closure of accounts of the Indigenous Advances Ministries and Nigel Farage due to their political and religious views.
SNL's segment, led by Colin Jost, suggested that Trump had made up the term 'debanking', leading to widespread criticism and accusations of ignorance towards a significant financial issue.
Despite the controversy, SNL has not responded to the public scrutiny at the time of writing.