Trump’s Debanking Crackdown

By executive order, the administration directs bank regulators to bar account closures based on lawful political activity and review prior guidance alleged to pressure 'debanking.' This reframes access to financial rails as viewpoint‑neutral and challenges informal regulatory coercion. — It sets national norms at the intersection of civil liberties and financial regulation, with implications for AML/KYC, sanctions policy, and the expectation of platform neutrality in payments and banking.