US EditionPack Joins over 30 Other Treasurers Supporting Debanking Order
UNITED STATES, AUG 7 – The order mandates federal regulators to enforce nondiscriminatory banking practices, addressing debanking of conservatives and crypto firms, with a 180-day review to amend discriminatory policies.
- On August 7, 2025, President Donald Trump issued the Executive Order `Guaranteeing Fair Banking For All Americans`, prohibiting debanking based on beliefs or lawful activities and addressing `politicized or unlawful debanking`.
- Amid reported incidents of discriminatory debanking, Trump claimed Bank of America and JP Morgan Chase withdrew his accounts, responding to issues like a bank’s refusal to process Republican ticket payments.
- The order focuses on eliminating discriminatory `debanking` practices and enforcing objective, risk-based policies, and mandates a 180-day review period for institutions to amend terms of service.
- Since Trump’s return, crypto companies have found it easier to secure US bank accounts, as the order requires regulators to review discriminatory policies and the SBA to seek client reinstatement.
- Amid excitement in the gaming community, experts say the EO could disrupt censorship dynamics as a bill under review aims to block credit card companies from restricting mature games.
12 Articles
12 Articles
Trump Executive Order Could End Mastercard and Visa Gaming Censorship
On August 7, 2025, President Donald Trump signed an Executive Order titled "Guaranteeing Fair Banking For All Americans," aimed at curbing what the administration describes as "politicized or unlawful debanking." This order prohibits federal banking regulators from allowing financial institutions to deny services based on customers' political or religious beliefs, or their involvement in lawful business activities. While the Trump EO primarily t…
Trump Orders Banks To Stop Discriminating Against Conservatives
Credit: (Screenshot), Fox 29 Philadelphia, via YouTube Among the executive orders President Donald Trump signed Thursday was one instructing federal banking regulators to shed language from their guidance documents that the administration believes can lead to the debanking of people or institutions for political reasons. “It is the policy of the United States that no American should be denied access to financial services because of their const…
Pack joins over 30 other treasurers supporting debanking order
CHARLESTON, W.Va. (WOWK) — West Virginia Treasurer Larry Pack joined over 30 other state treasurers and comptrollers in releasing a joint statement in support of President Donald Trump's executive order on debanking, according to a release from the treasurer's office. Titled, Guaranteeing Fair Banking for All Americans, the order prevents banks from severing ties with customers based on their political affiliation and background. The order is a …
Trump Signs Executive Order to Prevent Crypto Debanking
The crypto community celebrated another major executive order signed by President Trump on Wednesday — this one officially cementing the end of Operation Chokepoint 2.0. The “Fair Banking for All Americans” order instructs regulators to remove “reputational risk” considerations from supervisory handbooks and bank oversight. That was a key feature of earlier federal guidance, which had targeted banks serving so-called high-risk industries, associ…
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ - Overpasses For America
Carter termed this alleged discrimination campaign Operation Chokepoint 2.0, in reference to an Obama-era antifraud program under which US officials reportedly discouraged banks from dealing with pornography, payday lending, and other disfavored industries. On the campaign trail ahead of the 2024 presidential election, Trump adopted the terminology himself. “I’m glad the Trump administration is taking up this fight, and I hope they can create a …
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