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US Fed aims to codify 2025 'debanking' policy dovetailing with Trump charges

By Neil Roland ( February 24, 2026, 22:45 GMT | Insight) -- The US Federal Reserve proposed codifying its 2025 policy that bars reputational risk from being part of bank examinations — a proposal that dovetails with President Trump’s allegations that he was discriminated against by banks for his role in the Jan. 6, 2021, assault on the Capitol. Trump and the Trump Organization sued JPMorgan Chase last month for closing his personal and business bank accounts. JPMorgan acknowledged last week that it did close those accounts but did not specify a reason.The US Federal Reserve proposed codifying its 2025 policy that bars reputational risk from being used as part of bank examinations — a proposal that dovetails with President Donald Trump’s allegations that he was discriminated against by banks for his role in the Jan. 6, 2021, assault on the Capitol....

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