A federal appeals court has criticized Nebraska banking regulators for targeting a financial adviser in Lincoln in part for his criticism of President Barack Obama.
Still, the 8th U.S. Circuit Court of Appeals ruled there is not enough evidence to overturn a lower court decision that the rights of Bob Bennie, Jr. weren’t violated.
Bennie, a tea party activist, referred to the president as a “communist” and an “evil man” in a 2010 interview with the Lincoln Journal Star.
In emails to Bennie’s employer, regulators referred to the comments when discussing his conduct. Bennie filed a lawsuit against the state banking regulators.
The appellate court rules it was “wholly inappropriate” for the regulators to allow the political views of Bennie to influence their conduct.