As I posted in the Chase thread, this is part of Operation Choke Point, the DOJ and FDIC forced the banks to identify and terminate accounts of those involved in activities that they do not like. The likely trigger for those on this forum falls into the category of "Credit Card Schemes" and "non-bank lenders". If you do alot of manufactured spend, or open and close cards all of that can fall under "Credit Card Schemes". If you swipe your card for others then that falls into "authorized lenders".
Anyone who voted in the current administration is to blame. This is a project of Eric Holder. A bunch of GOP senators are trying to stop this and are being thwarted by democrats who like this policy.
The only way to stop this madness is to call your senator and complain.
There is nothing illegal with any activities that triggered these shutdowns!