American Express Slashes Mike Lindell’s MyPillow Credit Line
Many in corporate America are blatantly hostile to leading conservatives, and American Express just provided a glaring example of this trend. The financial giant slashed the credit line of Mike Lindell’s MyPillow 90% in what could be a crippling act.
Lindell is a strong supporter of former President Donald Trump and a leader in conservative causes. That leadership, however, has wrought drastic backlash from leftists in the business world.
Interviewed by Steve Bannon on his “War Room” podcast, Lindell reported on the sudden change in his company’s relationship with American Express.
MyPillow conducted all of its online marketing and shipping through them, but that suddenly changed. “Out of the blue, they took our credit line from a million dollars down to $100,000. Just crippled MyPillow. No reason, no explanation. Just dropped it down last Tuesday.”
Bannon said the obvious explanation is American Express is attempting to “debank you.”
He noted that Trump is now up 10 points in polling against incumbent Democratic President Joe Biden. “Now the majority of the American people understand the 2020 election was stolen.”
Bannon then raised an interesting point. He argued that congressional conservatives should use the looming appropriations bill to counteract such discriminatory corporate measures.
These woke companies could be cut out of government programs if they do not end their politically motivated practices.
For its part, American Express said it cannot comment directly on Lindell’s credit situation. However, a company spokesperson asserted that it “does not make customer decisions based on personal views or political affiliations.”
This is a recurring issue for the conservative Lindell.
Last year, his relationship with Minnesota Bank and Trust was severed after the company described him as a “reputational risk.” The corporate squeeze on his business is having drastic results.
In July, MyPillow auctioned off equipment from his Minnesota facility. Lindell said the company lost over $100 million in retail sales in large part due to his unwavering support for Trump.
He is also being sued for defamation by the same company, Dominion Voting, that wrangled a staggering $787 million settlement out of Fox News. The network was sued over claims of fraud involving the company’s voting machines in the 2020 presidential election.
Dominion Voting alleges that Lindell made similar claims. The all-out attack on U.S. conservatives — from Trump on down — shows no end in sight.