Exclusive: the company’s watchdog congratulates the big banks for having taken measures to prevent “religious and religious” “ties”
A business surveillance group congratulated five banks for making efforts to prevent “politicized defrost”, according to the letters obtained by the Daily Caller News Foundation.
Bank of America (BOA), Citigroup, Jpmorgan Chase, PNC Bank and Regions Bank all affirmed policies this year protecting customers from discrimination based on political and religious points of view, underlined the exchange of 1792 in letters of September 16.
“Your example is particularly important because more and more institutions recognize the legal and reputation risks of politicized debannage,” wrote the CEO of 1792 Exchange, Daniel Cameron.
President Donald Trump issued a decree against the gambling in August, ordering federal banking regulators to “delete the use of reputation risks or equivalent concepts that could lead to politicized or illegal advice” of the advice.
“It is from the United States policy that no American should be denied access to financial services because of their constitutionally or statutory beliefs, affiliations or political opinions, and to ensure that politicized or illegal debanage is not used as a tool to inhibit these beliefs, affiliations or political opinions,” said order.
Small Business Administration (SBA) has ordered more than 5,000 lenders to end discriminatory debanking practices and restore all customers refused to service or access for political reasons before December 5, 2025.
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1792 Exchange ViewPoint Protection Letters September 2025 by Katelynn Richardson
Cameron told the DCNF that the executive decree was “to preserve financial freedoms and to prevent discrimination with political motivation”. (Related: Citi stops the rebuilding gun retailers)
“For too long, conservatives, Christians and cryptographic companies have been discriminated against by major banks and financial institutions,” said Daniel. “President Trump undertakes to protect the constitutional rights of Americans and reduce the regulatory overtaking that stifles American companies and individuals.”
Boa modified his code of conduct in 2025 to prohibit discrimination based on the “political point of view or affiliation” and religion. He also removed the diversity objectives and ended the hiring of managers of interviewing a “diversified slate” of candidates in February, Fortune reported.
“Although we have been very clear that politics is not a factor in our decisions, we have received a reflected contribution from a range of stakeholders and have agreed that it is better to explicitly add this to our code of conduct,” Boa spokesman for the DCNF told.
Other policy changes underlined by the exchange of 1792 involved in the same way a stronger language protecting religious and political points of view.
Before Trump’s Decree, Citigroup in June, has arrested a policy restricting banking services for firearms. Ed Skyler, responsible for Citigroup’s services and public affairs, noted in a June declaration that his policy changes “strengthen our commitment to serve all customers.
The Bank of the Regions did not respond to a request for comments. The PNC bank refused to provide additional comments.
Certain religious organizations represented by the alliance defending freedom, such as indigenous advanced ministries, said BOA had canceled their accounts because of their opinions.
After January 6, 2021, Capitol Hill Riot, Boa gave the federal police the names of the people who carried out transactions in the region at the time, according to a selected sub-comity on the armament of the Federal Government Report. John Eastman, formerly lawyer for Trump, told the daily in April 2024 that he had been debatated both by Boa and USAA.
New York, New York – May 26: People spend the JPMorgan Chase headquarters building on May 26, 2023 in New York. (Photo of Michael M. Santiago / Getty Images)
Jpmorgan Chase also agreed in March to affirm that he would not discriminate “political, speeches or affiliations” or “religious opinions” in his code of conduct of 2025.
“We are committed to ensuring equitable access to financial services, whatever the ideology,” a spokesperson for JPMorgan Chase at DCNF, noting that they appreciate Cameron’s letter. “It is difficult to close the accounts for political reasons, which is why we have codified this principle in our policy on the scale of the company.”
Trump told CNBC in August that Jpmorgan Chase and Bank of America rejected deposits after his first mandate, although the two denied that political beliefs were a factor in closing the accounts.
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