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MyPillow CEO and Donald Trump ally Mike Lindell says his company has been crippled by American Express’s decision to slash its credit line.
“Steve, we really need everybody’s help right now. We have things going on I’m going to let you all know this week,” Lindell told fellow Trump ally Steve Bannon on the latter’s “War Room” podcast on Monday.
“Out of the blue, they took our credit line from a million dollars down to $100,000,” Lindell said. “Just cripples MyPillow. No reason, no explanation, just dropped it down last Tuesday.”
In early 2022, Lindell was terminated as a client by the Minnesota Bank & Trust a month after the bank called him a “reputation risk.”
An American Express spokesperson said the company wouldn’t speak about Lindell’s claims directly.
“We can’t comment on specific customer accounts or applications, but I can tell you that American Express does not make customer decisions based on personal views or political affiliations,” the spokesperson told Insider.
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