White house to penalize banks for de-banking crypto and political clients

5-8-2025 – The White House is set to issue an executive order penalizing banks that terminate customer relationships based on political or ideological grounds, addressing complaints from crypto firms and conservative groups about financial discrimination, first reported by The Wall Street Journal. The draft order, which may be signed this week, directs regulators to investigate [. . source: https://www.cointrackdaily.com/white-house-to-penalize-banks-for-de-banking-crypto-and-political-clients/