US President Donald Trump has signed an executive order, 'Guaranteeing Fair Banking for All Americans', seeking to halt politically or religiously motivated 'debanking' and to force regulators to base decisions on objective, risk-based analysis rather than 'reputation risk'.
Signed on 7 August 2025, the order directs agencies to strip such language from guidance within 180 days, instructs the Small Business Administration (SBA) to notify lenders within 60 days, and to identify and reinstate eligible clients within 120 days.
