‘We stand ready’: State finance chiefs join Trump to end 'debanking'

EXCLUSIVE: A coalition of state financial officers is backing President Donald Trump's new executive order aimed at halting "discriminatory debanking," calling it a critical step toward restoring fairness and neutrality in the financial system."For too long, federal regulators have weaponized the concept of ‘reputational risk’ to pressure financial institutions into cutting ties with individuals and organizations they find politically or ideologically objectionable," the 31 financial officers wrote in a joint statement. TRUMP MOVES TO PROTECT US BANK ACCOUNTS FROM POLITICALLY BASED CLOSURESThe