Two major financial institutions, Bank of America and JPMorgan Chase, reportedly ended certain services for former President Donald Trump, citing concerns related to the January 6 Capitol riots. In an interview with CNBC, Trump claimed JPMorgan gave him 20 days to transfer hundreds of millions of dollars.
However, both banks have denied allegations that they forced him to close his accounts. In response, Trump has indicated plans to introduce an executive order aimed at addressing what he describes as discrimination by financial institutions based on political beliefs or affiliations.
Institutions found to violate the order could face financial penalties or regulatory action.
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