Executive Branch

Trump to Sign Order Penalizing Banks That Discriminate Against Conservatives

Trump says JPMorgan Chase and Bank of America cut ties with him after the 2020 election.
Trump to Sign Order Penalizing Banks That Discriminate Against Conservatives
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House in Washington on Aug. 1, 2025. MEHMET ESER/Middle East Images/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:
0:00

WASHINGTON—President Donald Trump confirmed on Aug. 5 that he will sign an executive order this week aimed at penalizing banks he claims have discriminated against conservatives, including him.

In an interview with CNBC’s “Squawk Box,” Trump confirmed that he would be signing the order and accused major banks—such as JPMorgan Chase and Bank of America—of “very badly” discriminating against him after the 2020 election.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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