Banking is a heavily regulated industry, more or less an extension of the US Government at this point They fit in the new place in law where you are not a "sta

Banking is a heavily regulated industry, more or less an extension of the US Government at this point They fit in the new place in law where you are not a "state actor" so you do not have to adhere to the limits placed on the state by that pesky constitution, but have been grated state like powers and authority to more or less do anything they want to individuals without any possibility of recourse.