On August 7, 2025, President Trump signed an Executive Order titled “Guaranteeing Fair Banking For All Americans” to combat perceived “politicized or unlawful debanking” practices by regulated financial institutions against persons or entities based on their political affiliations, religious beliefs, or business activities. Our Legal Update, available here, provides an overview of the Executive Order’s requirements and key takeaways for banks and credit unions that may face new scrutiny by their regulators in the area of fair access following the Order.
Luse Gorman, PC regularly advises financial institutions on regulatory and compliance developments from the federal financial regulators and on agency enforcement actions against banks and credit unions. If you have any questions related to this Legal Update, please contact the authors. To learn more about our firm and services, please visit our website.