President Donald Trump is set to issue an executive order that would pressure banks not to discriminate against conservatives and crypto companies.
The Wall Street Journal reported the Trump administration is preparing an executive order that would direct bank regulators to investigate if financial institutions have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws. Institutions that may have violated those laws could be subject to monetary penalties or consent decrees.
Trump talks about how JPMorganChase and Bank of America discriminated against him:
“I believe they [Biden admin] told the banking regulators, 'Do everything you can to destroy Trump, ' and that's what they did. And guess what? I'm President. How did that happen?”
Now he's set… pic.twitter.com/hwBqECBkdq
— Libs of TikTok (@libsoftiktok) August 5, 2025
