President Donald J. Trump issued an executive order titled “Guaranteeing Fair Banking for All Americans” on 7 August 2025.
The order aims to eliminate politically or religiously motivated exclusions from banking services by removing ambiguous risk-based guidance, restoring services to affected consumers, reinforcing regulatory oversight, and crafting a stronger policy framework against debanking.
The order targets “politicized or unlawful debanking”—practices where individuals or businesses are denied banking services due to their political or religious beliefs, or lawful business activities—rather than objective, risk-based analysis.
For more information on implementation, refer to our new section within the Gold Book.