Bank skyscrapers are seen from Bay Street in Toronto's financial district. Photo by Adrien Veczan/The Canadian Press

Last week, U.S. President Donald Trump signed an executive order that aims to prevent banks from discriminating against customers because of their politics, religion or “lawful business activities,” such as owning crypto assets. He told CNBC that in years past, JPMorgan Chase and other banks have “discriminated against me very badly, and I was very good to the banks.”

Apparently, such complaints are not uncommon. “Conservatives have said that regulators appointed by President Joe Biden spent past years conscripting banks to target Trump’s political opponents. Tech investor and Trump adviser Marc Andreessen had said about 30 founders of tech start-ups were ‘de-banked.’

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