President Trump has signed executive orders addressing 'debanking' and alleged discrimination in the financial sector. These directives aim to hold banks accountable for service decisions influenced by political or religious considerations,

Regulators can fine banks that they identify as having engaged in “politicized or unlawful debanking” against customers based on political or ideological beliefs, according to the order.

Trump ordered federal bank regulators to make sure banks do not discriminate against individuals or companies for their political or religious beliefs. He also ordered bank regulators to probe when banks may have allegedly discriminated and refer the cases to the Department of Justice.

U.S. President Donald Trump signed an executive order on Thursday that targeted banks over what his administration says are discriminatory practices.

In a new executive order, the US president has called on federal regulators to investigate and punish banks for alleged discrimination against conservatives and certain types of business.

In a move set to reshape the banking and finance landscape, President Trump has signed executive orders targeting 'debanking' and alleged discrimination in the financial sector.

President Donald Trump is once again clamping down on government weaponization, this time against corrupt and discriminatory financial institutions. Some big banks have a steady track record of participating in "government-directed" surveillance programs that single out and punish conservatives.

President Trump signed Thursday an executive order taking aim at alleged discrimination against conservatives by large banks, directing regulators to investigate and punish financial institutions for “politicized or unlawful debanking.

U.S. President Donald Trump on Thursday signed an executive order aiming to penalize banks that drop customers for political reasons.