The Office of the Comptroller of the Currency issued a statement supporting President Donald J. Trump’s Executive Order “Guaranteeing Fair Banking For All Americans” and set out planned and ongoing actions to address what it describes as politicized or unlawful debanking. The statement frames fair access to financial services as requiring individualized, objective, and risk-based analyses rather than discrimination based on political or religious beliefs or lawful business activities. As initial steps, the OCC has already removed references to reputation risk from its handbooks and guidance documents and said it will soon propose a rule to remove the same references from its regulations. The agency also plans to begin a review of the institutions it supervises to assess whether they have engaged in politicized or unlawful debanking and to take remedial actions if appropriate, alongside exploring additional steps aimed at preventing recurrence.
Office of the Comptroller of the Currency 2025-08-07
United States' Office of the Comptroller of the Currency backs Executive Order on fair banking and signals rulemaking and supervisory reviews on debanking
The Office of the Comptroller of the Currency (OCC) supports President Donald J. Trump's Executive Order on fair banking and outlines actions against politicized or unlawful debanking. The OCC has removed references to reputation risk from its guidance and plans to propose a rule for regulatory changes. It will review supervised institutions for compliance and consider further preventive measures.