The Wall Street Journal: The White House is preparing to issue an executive order to punish banks that discriminate against cryptocurrency companies

According to reports, the White House plans to increase pressure on large banks, particularly regarding allegations of discrimination against conservative individuals and cryptocurrency companies. The plan includes threats of fines against lending institutions that terminate customer services for political reasons through an executive order. Drafts of the executive order indicate that banking regulators will investigate whether any financial institutions have violated the Equal Credit Opportunity Act, the Anti-Discrimination Act, or the Consumer Financial Protection Act.