WATCH LIVE: Trump signs executive order targeting debanking
The article reports that former President Donald trump signed an executive order aimed at combating the practice of “debanking,” where banks refuse services to customers based on thier political beliefs. This issue has been a long-standing complaint among conservatives, particularly after major banks like JPMorgan Chase and Bank of America declined to accept deposits from the Trump Organization following his first term. Trump expressed that he was unfairly discriminated against by these financial institutions. The signing of this executive order is part of Trump’s efforts to address what he sees as political bias in banking services.
WATCH LIVE: Trump signs executive order targeting debanking
President Donald Trump is signing an executive order combating the practice of debunking.
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For years, conservatives have complained that banks have removed them from their services based on political beliefs. The practice earned Trump’s ire after JPMorgan Chase and Bank of America refused to accept deposits from the Trump Organization after the president’s first term.
“The banks discriminated against me very badly,” Trump said Tuesday.
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