The White House is said to be preparing an order calling for regulators to review US financial institutions for ‘politicized or unlawful debanking’ practices.
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United States President Donald Trump said he believes that banks discriminate against him and his supporters, adding that Bank of America and JPMorgan Chase had previously refused to accept his deposits.
“They totally discriminate against, I think, me maybe even more, but they discriminate against many conservatives,” he told CNBC in an interview on Tuesday. “I think the word might be Trump supporters more than conservatives.”
Trump made the comments when asked about a report by the Wall Street Journal that said he planned to punish banks that discriminated against conservatives, but did not address the order specifically.
