
Sign up to save your podcasts
Or


Donald Trump signs an executive order designed to combat 'debanking,' which deprives individuals and businesses of financial services. How bad is the problem, what's in the Trump order, and will it be enough to rein in regulators that put pressure on banks to cancel customers that supposedly pose "reputational risk"? Or does Congress also need to pass legislation making the changes permanent, reforming the Bank Secrecy Act, and encouraging more bank competition?
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Paul Gigot, The Wall Street Journal4.2
27362,736 ratings
Donald Trump signs an executive order designed to combat 'debanking,' which deprives individuals and businesses of financial services. How bad is the problem, what's in the Trump order, and will it be enough to rein in regulators that put pressure on banks to cancel customers that supposedly pose "reputational risk"? Or does Congress also need to pass legislation making the changes permanent, reforming the Bank Secrecy Act, and encouraging more bank competition?
Learn more about your ad choices. Visit megaphone.fm/adchoices

1,713 Listeners

4,420 Listeners

1,649 Listeners

1,538 Listeners

5,181 Listeners

4,909 Listeners

686 Listeners

1,448 Listeners

2,039 Listeners

2,835 Listeners

6,097 Listeners

720 Listeners

1,322 Listeners

8,447 Listeners

586 Listeners

151 Listeners

150 Listeners

1,121 Listeners

180 Listeners