- A top U.S. watchdog (the OCC) is about to publish a review that could name-and-shame big banks over “debanking” — cutting off customers for religious, political or industry reasons — and may lead to sanctions.
- Banks say account closures are for risk, paperwork or suspicious activity, not politics, and some have already loosened restrictions (e.g., on firearms and crypto).
- The row has become political and legal: Trump and others are suing banks, and federal prosecutors are also probing whether lenders improperly shut accounts.
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