Trump Cracks Down on Big Banks with Executive Order Targeting ’Politicized Debanking’

Former President Trump just dropped a financial bombshell—signing an executive order that puts Wall Street on notice. The move takes direct aim at what he calls 'politicized debanking,' accusing major institutions of weaponizing financial access.

Banking's new battleground

The order forces federal regulators to scrutinize account closures and service denials—particularly targeting controversial industries like crypto and firearms. No specific banks are named, but the message is clear: play politics with accounts, face consequences.

Finance insiders whisper this could be Trump's revenge tour against institutions that froze accounts post-January 6. Meanwhile, crypto traders cheer—seeing it as potential protection against arbitrary exchange bans.

Wall Street's compliance departments are scrambling. The order could upend years of risk-avoidance policies that quietly blacklisted entire business categories. One hedge fund manager quipped: 'Guess we'll have to actually read customer applications now.'

Whether this reshapes banking or just fuels campaign rhetoric remains to be seen. But one thing's certain—the era of quiet financial censorship just got louder.