The Trump administration's efforts to crack down on debanking in the U.S. have found an ally in a group that's cracking down on what they see as corporate wokeness in both the U.S. and in Europe.Earlier this month, President Donald Trump signed an executive order requiring federal banking regulators to remove "reputational risk" and similar concepts from their guidance and examination materials. The rule also requires financial institutions to reinstate clients and potential clients who were previously denied services due to debanking policies.Previous standards around "reputational risk" prom
HALO NEWSLETTER
Keep reading HALO with a Free Subscription
unlock this story instantly and join members and pros reading HALO daily
-It's
Free