{"id":148472,"date":"2025-08-05T12:13:20","date_gmt":"2025-08-05T17:13:20","guid":{"rendered":"https:\/\/www.worldtribune.com\/?p=148472"},"modified":"2025-08-05T12:13:20","modified_gmt":"2025-08-05T17:13:20","slug":"trump-executive-order-to-crack-down-on-woke-banks-targeting-conservatives","status":"publish","type":"post","link":"https:\/\/worldtribune.com\/2025\/trump-executive-order-to-crack-down-on-woke-banks-targeting-conservatives\/","title":{"rendered":"Trump executive order to crack down on woke banks targeting conservatives"},"content":{"rendered":"

by<\/em><\/span> WorldTribune<\/strong> Staff \/ <\/em><\/span><\/span>247 Real News<\/strong><\/span><\/a> August 5, 2025 <\/em> <\/span><\/em><\/span><\/p>\n

President Donald Trump is set to sign an executive order which cracks down on woke banks the White House said has discriminated against conservatives, Christians, and cryptocurrency companies.<\/p>\n

\"\"
‘Debanking’ was trending on social media after President Donald Trump accused Bank of America and its CEO of the practice during the World Economic Forum earlier this year. \/ Video Image<\/figcaption><\/figure>\n

The Trump Administration is preparing to fine and investigate financial institutions that practice “debanking” against customers based on political or religious beliefs, the Wall Street Journal reported<\/a> on Tuesday.<\/p>\n

According to the draft reviewed by the Journal, the order will empower regulators to enforce the Equal Credit Opportunity Act, antitrust laws, and consumer protection statutes against financial institutions that shut down accounts for political reasons.<\/p>\n

The banks in question could face hefty fines, consent decrees, or other disciplinary action. Violators will be named and shamed, the report said.<\/p>\n

Earlier this year, Trump stunned the World Economic Forum (WEF) when he publicly confronted Bank of America CEO Brian Moynihan over political bias against conservatives.<\/p>\n

\u201cAnd by the way,\u201d Trump said, pointing directly at Moynihan, \u201cspeaking of you, and you\u2019ve done a fantastic job, but I hope you start opening your bank to Conservatives. Many Conservatives complain that the banks are not allowing them to do business within the bank. And that included a place called Bank of America.\u201d<\/p>\n

\u201cThey don\u2019t take Conservatives\u2019 business. And I don\u2019t know if the regulators mandated that because of Biden or what, but you and [Jamie Dimon] and everybody, I hope you\u2019re going to open your banks to Conservatives because what you\u2019re doing is wrong,\u201d Trump added.<\/p>\n

House Oversight Committee Chairman James Comer said on \u201cSunday Morning Futures\u201d with Maria Bartiromo that Congress is investigating the issue.<\/p>\n

“We\u2019ve heard numerous instances of conservatives being debanked and what we want to know is this a process of the bank\u2019s ESG policy, or is this our government stepping in like what we found with Twitter and Facebook, where the government stepped in and said they wanted certain conservatives deplatformed and censored,\u201d Comer said.<\/p>\n

\u201cWe want to know again, is this is the government involvement another dirty trick by the Joe Biden Administration, or is this just bad liberal policy that discriminates against conservatives by the bank,\u201d Comer added.<\/p>\n

The Gateway Pundit’s Jim Hoft noted: “This is a direct strike against the woke banking cartel, which has long operated with impunity while silencing and de-banking Americans who dare to defy the radical left\u2019s agenda.”<\/p>\n

\n

Beat The Press <\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by WorldTribune Staff \/ 247 Real News August 5, 2025 President Donald Trump is set to sign an executive order which cracks down on woke banks the White House said has discriminated against conservatives, Christians, and cryptocurrency companies. The Trump Administration is preparing to fine and investigate financial institutions that practice “debanking” against customers based […]<\/p>\n","protected":false},"author":5,"featured_media":148473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,5],"tags":[325,6],"class_list":["post-148472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-exclusives","category-world-tribune","tag-trump-executive-order-to-crack-down-on-woke-banks-targeting-conservatives","tag-worldtribune-com","last_archivepost"],"_links":{"self":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts\/148472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/comments?post=148472"}],"version-history":[{"count":0,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts\/148472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/media?parent=148472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/categories?post=148472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/tags?post=148472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}