Trump to Target Banks Allegedly Discriminating Against Conservatives
Crossroads with Joshua Philipp
The Epoch Times
4.9 • 594 Ratings
🗓️ 8 August 2025
⏱️ 69 minutes
🧾️ Download transcript
Summary
Several American banks stand accused of discriminating against conservative customers and against cryptocurrency companies. This often involves what's known as "debanking"—and President Donald Trump is now said to be considering an executive order to prevent the denial of banking services from continuing.
We’ll discuss this topic and others in this episode of Crossroads.
Views expressed in this video are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
Transcript
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| 0:00.0 | The banking system is accused of discriminating against conservatives and against crypto companies, |
| 0:06.0 | and this often involves debanking. President Donald Trump is now allegedly preparing actions |
| 0:10.8 | to prevent this practice from continuing. Meanwhile, in California, there are growing concerns |
| 0:16.4 | that parents could have their children more easily taken away from them if a new bill that expands the |
| 0:21.6 | definition of a caregiver becomes law. I'll be talking about these topics and more today. |
| 0:27.1 | I'm the Epic Times Senior Investigator reporter Joshua Phillip and you're listening to Crossroads. |
| 0:39.3 | Welcome to Crossroads. |
| 0:46.0 | A show by the Epic Times, one of America's largest independent newspapers that brings you insights all beyond the headlines. |
| 0:48.8 | Now make sure to hit the like button, leave a comment. |
| 0:51.5 | Don't forget to subscribe to get updates on when the next show is. |
| 0:53.4 | Well, look, what's happening now? |
| 0:54.7 | The banking system, |
| 1:00.4 | they're being accused of discriminating against conservatives and against crypto companies. |
| 1:05.5 | Now, this is not a new debate. You might have heard it when, for example, Donald Trump himself was being canceled by the banks before he became president. But what this is about, this is |
| 1:10.7 | about debanking. |
| 1:11.7 | Trump is now allegedly preparing actions to prevent this practice from continuing. |
| 1:16.9 | And this is according to a draft executive order seen by the Wall Street Journal, which they say |
| 1:22.3 | could be signed this week. Here's what they say. The White House is preparing to step up pressure against big banks |
| 1:29.1 | over perceived discrimination against conservatives and crypto companies with an executive order |
| 1:35.3 | that threatens to fine lenders that drop customers for political reasons. Now, I notes this. |
| 1:42.8 | It says a draft of the executive order, which was viewed by the |
| 1:45.5 | Wall Street Journal, directs bank regulators to investigate whether any financial institutions |
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