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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 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

...