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Home » LATEST: Trump signs PEP order outlawing debanking over political or religious beliefs; regulators to stop using ‘reputational’ risk standard 

LATEST: Trump signs PEP order outlawing debanking over political or religious beliefs; regulators to stop using ‘reputational’ risk standard 

By Pete Schroeder and Nupur Anand for AML Intelligence U.S. President Donald Trump stepped up pressure on large banks and their regulators last night (Thursday), signing an executive order requiring lenders not to debank anyone based on political or religious beliefs. The order directed regulators to review all banks they supervise for any current or Read More