BlockBeats news, on August 5, according to the Wall Street Journal, the White House is preparing to intensify pressure on large banks regarding their alleged discrimination against conservative individuals and cryptocurrency companies, and plans to issue an executive order that threatens to impose fines on banks that refuse to serve customers for political reasons.
A draft executive order obtained by the Wall Street Journal indicates that the order will instruct bank regulators to investigate whether any financial institutions have violated the Equal Credit Opportunity Act, antitrust laws, or the Consumer Financial Protection Act.