From the opinion pages of the Wall Street Journal, this is Potomac Watch.

Donald Trump signs a new executive order cracking down on debanking.

What is it? How big a problem is it? And how much will this order actually do to combat the practice?

Welcome to the Potomac Watch podcast, the daily podcast of

the Wall Street Journal editorial page. I'm Kim Strassel, your host today, and I'm joined by two colleagues

who last I knew had not been debanked, but nonetheless know a lot about the question, Alicia Finley

and Manet Uquay-Bruwa. Before we even get to the executive order, let's just talk about the question, Alicia Finley and Manet Uquay-Brurua. Before we even get to the executive

order, let's just talk about the issue for a second. Debanking is the circumstance in which an

individual or an entity in an industry loses access to financial services often because they

are declared, and even though they may not be told this, a reputational

risk for the bank. No less than Donald Trump says it has happened to him. Let's hear him talk

about the experience. I'll give you me as an example. I had hundreds of millions. I had many,

many accounts loaded up with cash. I was loaded up with cash and they told me, I'm sorry, sir,

we can't have you. You have 20 days to get out. Then what happens is I call a Bank of America

routinely. And I speak to him and I speak to a couple of people and they have zero interest.

I ended up going to small banks all

over the place. I mean, I was putting 10 million here, 10 million there, 5 million, 10 million,

12 million. I have them all over the place. It's the craziest thing. And that's because the banks

discriminated against me very badly. And I was very good to the banks. I had the

greatest economy in the history of our country when I was president. They totally discriminate

against, I think me maybe even more, but they discriminated against many conservatives.

You know, I told that story and sitting around tables with other people that were conservative

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