Trump Says He’s Cracking Down On America’s Biggest Banks: Could It Impact You?

Trump's Claims Against Banks: President Trump alleges that major banks like JPMorgan Chase and Bank of America discriminate against conservatives and businesses aligned with right-wing politics, prompting him to issue an executive order aimed at preventing such "debanking" practices.

Response from Banks and Implications: The targeted banks deny any discrimination and express support for regulatory changes. However, experts suggest that the executive order may not significantly impact most bank customers, as existing policies already address account openings based on financial risks rather than political beliefs.