President Trump Signs Executive Order to End Debanking   - Americans for Tax Reform

President Trump Signs Executive Order to End Debanking   - Americans for Tax Reform

On August 7th, 2025,  President Trump issued an executive order aimed at ending the practice of debanking, an insidious trend initiated by regulators pressuring banks to sever account access without notice for law-abiding bank customers on the basis of nebulous criteria such as reputational risk. This practice has been weaponized by the Obama and Biden administrations to actively discriminate against politically disfavored industries such as pay…

Bank Of America Nixes Rule That Led To ‘Debanking’ Of Conservative Religious Groups

“Better late than never"

Arkansas Congressman French Hill Praises President Trump’s Order Against Debanking – Family Council

Last week, President Trump signed an executive order against debanking. The purpose of the order is to guarantee fair banking for all Americans. Arkansas Congressman French Hill (AR-02), who chairs the House Committee on Financial Services, issued a statement praising the order, saying, “Targeting Americans for their political beliefs undermines the freedoms our country was built upon and should have no place in our financial system. I commend …

President Trump Issues Executive Order on Fair Banking

Regulators are directed to avoid reputation risk, identify banks that have engaged in unlawful debanking, and take appropriate remedial actions. By Marc P. Berger, Betty M. Huber, Arthur S. Long, Benjamin Naftalis, Parag Patel, Stephen P. Wink, Douglas K. Yatter, Pia Naib, and Deric Behar On August 7, 2025, President Trump issued an executive order titled “Guaranteeing Fair Banking for All Americans” (the Order). The Order, described further in …