Guaranteeing Fair Banking for All Americans

This EO directs federal banking regulators to eliminate guidance and practices that enable financial institutions to restrict access to banking services based on a customer's political or religious beliefs, or lawful business activities, instead requiring decisions be based on neutral, risk-based criteria. Further, it mandates remedial actions for past violations, including reinstatement of affected clients, disciplinary measures against institutions engaging in "politicized or unlawful debanking," and development of a comprehensive strategy to prevent such conduct going forward.

• SBA
• Financial Stability Oversight Council
• Treasury
• Assistant to the President for Economic Policy

Immediate; 60 days; 120 days; 180 days.

Sec. of Treasury shall develop a comprehensive strategy in line with this EO (180 days).

No known legal challenges.