White House Looking To Ban Banks From Discriminating Against Certain Clients, Including Crypto Companies: Report

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The Trump White House has reportedly set its sights on punishing banks it believes have been debanking conservatives. The Wall Street Journal says it has reviewed a draft executive order that would instruct banking regulators to probe banks that may have violated the Equal Credit Opportunity Act. Regulators would also be directed to investigate whether the financial institutions have broken antitrust and/or consumer financial protection laws. Anonymous sources “familiar with the matter” tell the...