This happened when the Dems were in power. Its part of the reason why they aren't in power anymore. Letting un-elected bank employees make these sorts of decisions isn't in anyone's best interest. The banks did not enjoy this situation at all and probably won't play ball next time they are asked. Banks hate to lose money and that's exactly what happened in this situation. First they had to turn down business, then they had to pay to defend themselves in a lawsuit.