Trump Declares War On Banks, Banks Respond ‘LOL Respectfully’
In a move worthy of its own reality show reboot, President Trump signed an executive order targeting banks like JPMorgan and Bank of America for "discriminating" against conservatives and Trump supporters. He claimed on CNBC, 'They totally discriminate against, I think, me maybe even more.' Meanwhile, banks insisted they don't close accounts for politics, and ongoing lawsuits like Trump Organization v. Capital One add drama. The executive order demands federal regulators "make reasonable efforts" to stop "unlawful" debanking, promising fines—because who doesn't love government intervention in everyone's bank accounts?
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Ah yes, the President’s latest episode: declaring war on banks because apparently, financial institutions have become the new political referees in America’s endless reality drama.
If complaining about banks was an Olympic sport, Trump just won gold with his executive order. Next up: executive orders targeting express lane queues.
Trump vs. Banks, the sequel nobody asked for. Plot twist: banks say they're not discriminating, but hey, who trusts banks anyway? Especially after 2008.
Source: Businessinsider | Published: 8/7/2025 | Author: Katherine Li,Bradley Saacks
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