President Trump said banks have turned him away and revived allegations of discrimination against his supporters by large banks while previewing a new executive order to punish those companies.

The president was asked in an interview with CNBC on Tuesday about The Wall Street Journal's reporting on a new executive order, which would direct bank regulators to investigate financial institutions for violations of the Equal Credit Opportunity Act, antitrust laws or consumer financial protection laws.

Trump insisted that banks do discriminate, giving the example of him being turned away from working with JP Morgan Chase after banking with the company for about 40 years.

Thank you for signing up!

Subscribe to more newsletters here

“I could see if they want to... do something bad, because yo

See Full Page