EXCLUSIVE: Corporate Watchdog Commends Major Banks For Taking Steps To Prevent Political, Religious ‘Debanking’

A corporate watchdog group commended five banks for making efforts to prevent “politicized debanking,” according to letters obtained by the 🏢Daily Caller News Foundation.

Bank of America (BoA), Citigroup, JPMorgan Chase, PNC Bank and Regions Bank have all affirmed policies this year protecting customers from discrimination based on political and religious viewpoints, the 1792 Exchange highlighted in Sept. 16 letters.

“Your example is especially important as more institutions recognize the legal and reputational risks of politicized debanking,” 1792 Exchange CEO Daniel Cameron wrote to the companies.

President Donald Trump issued an executive order against debanking in August, directing federal banking regulators to “remove the use of reputation risk or equivalent concepts that could result in politicized or unlawful debanking” from guidance.

“It is the policy of the United States that no American should be denied access to financial services because of their constitutionally or statutorily protected beliefs, affiliations, or political views, and to ensure that politicized or unlawful debanking is not used as a tool to inhibit such beliefs, affiliations, or political views,” the order states.

The Small Business Administration (SBA) directed more than 5,000 lenders to end discriminatory debanking practices and reinstate any clients denied service or access for political reasons by Dec. 5, 2025.