“So what seems to be happening here is that the Trump administration is pressing banks to use these means to reverse politically inconvenient transactions: that is, transactions that appear to be perfectly legal and aboveboard, but that the Trump administration doesn’t like, even if they reflect the will of the previous administration that authorized it, or the will of Congress that designated funds for a particular purpose.
Put more bluntly: the Trump administration is trying to turn private banks into enforcers for its own particular political agenda”
https://www.programmablemutter.com/p/trump-is-weaponizing-financial-payments