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JPMorgan Chase, Bank of America, Wells Fargo and Six Other Banks Debanked Customers Over Political and Religious Beliefs, Federal Regulator Finds
Nine of the largest banks in the US had policies that cut off or limited service to Americans over their political or religious beliefs and lawful businesses, according to a federal regulator. All nine banks had such policies between 2020 and September of 2025, says the Office of the Comptroller of the Currency (OCC).
Why it matters
Policy text and timing change what products can ship and who can custody or list assets. Read the primary draft before treating a headline as a rule.
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