President Donald Trump’s executive order says debanking could include closing accounts “on the basis of their political affiliations, religious beliefs or lawful business

In a new executive order, the US president has called on federal regulators to investigate and punish banks for alleged discrimination against conservatives and certain types of business.

President Trump signed an executive order Thursday aimed at stopping banks from barring customers for what he says are political or religious reasons, an attempt to appease conservatives and cryptocurrency types who have complained about their treatment by Wall Street.