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Source: ZeroHedge

The Federal Reserve announced on June 23 that it will no longer factor “reputation risk” into its bank examinations, a move aligned with efforts by Republican lawmakers and the Trump administration to combat what they describe as politically motivated financial discrimination—particularly debanking.

The decision marks a significant shift in how regulators assess banks, particularly as scrutiny intensifies over claims that some institutions have denied services to lawful businesses—such as cryptocurrency firms, religious organizations, or political groups—based on subjective concerns about reputational harm.