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ARTICLE · 03 SEPTEMBER 2025

The Debanking Executive Order Is Here

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Banks should prepare to address increased federal scrutiny around decisions to terminate relationships with cryptocurrency and conservative-leaning clients.

United StatesFinance and Banking
Michael Mancusi
Michael Mancusi
George Eichelberger
George Eichelberger
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Banks should prepare to address increased federal scrutiny around decisions to terminate relationships with cryptocurrency and conservative-leaning clients.

On Aug. 7, 2025, President Donald Trump signed an executive order aimed at preventing debanking. Specifically, the order limits "politicized or unlawful debanking," meaning it aims to prevent customers from being denied access to financial services because of their protected beliefs, business affiliations or political views. It requires that banking decisions be made based on "individualized, objective and risk-based analyses."

The order identifies four specific ways that the federal government will limit politicized or unlawful debanking:

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