President Trump is planning an executive order that would punish banks if they are believed to be discriminating against political conservatives. Why it matters: The president has previously targeted law firms and media companies,

The president accused the major banks of discriminating against him and his supporters ahead of a possible crackdown on refusing service on political grounds.

The administration of President Donald Trump is preparing an executive order to pressure major banks over perceived discrimination against conservatives and crypto companies, according to The Wall Street Journal.