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Anthony J Hilder on August 8, 2025

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Anthony J Hilder

Christina Aguayo News rootsdSnpe8mi5m9l918f816uf4985mfiuh1g96uct6026tct5tm9hg1338m · #news Trump signs an executive order banning banks from de-banking Americans over their political or religious beliefs. #DC President Donald Trump signed an executive order banning banks and financial institutions ... View MoreChristina Aguayo News rootsdSnpe8mi5m9l918f816uf4985mfiuh1g96uct6026tct5tm9hg1338m · #news Trump signs an executive order banning banks from de-banking Americans over their political or religious beliefs. #DC President Donald Trump signed an executive order banning banks and financial institutions from denying services to Americans based on their political or religious beliefs. The EO addresses what many say is a growing threat from liberal regulators and big banks that have weaponized banking systems against people with conservative views. Christina Aguayo News By targeting the banks "debanking" tactics—often justified under vague "reputation risk" guidelines—the order makes sure that financial services are politics free and available to all law-abiding citizens. Trump made the move after multiple banks during the Biden administration were reportedly pressured by the government to cut off services to people and groups that held conservative views like Gun rights, Pro-life advocacy, or Traditional values Trump's directive mandates that federal banking regulators, including the Federal Reserve, FDIC, and OCC, revise their guidance to eliminate any provisions allowing discrimination on non-financial grounds, saying that discriminating against conservative views undermines public confidence and violates the law. The executive order mandates: Federal regulators must make sure banks can't terminate accounts or deny services solely due to a customer's political affiliations, religious convictions, or expressions of free speech, closing loopholes that previously allowed ideological bias to influence decisions. The elimination of vague "reputation risk" criteria from regulatory guidance, which critics say was abused to target conservatives. Banks found debanking people face potential fines, consent decrees, or other disciplinary actions with the order empowering the DOJ to investigate and prosecute violations. Regulators issue new rules promoting transparency in banking decisions, requiring institutions to provide clear, non-ideological reasons for any account closures and offering appeals processes for affected customers. Clarifications that debanking is only allowed for verifiable risks like criminal activity or financial instability, protecting everyday Americans from being discriminated against for their beliefs.

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1 August 8, 2025 Edited