Trump Turns Up the Heat on Wall Street

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 5 August 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Aug 5. President Trump is looking to step up pressure against banks for dropping clients over perceived discrimination against conservatives and crypto companies. WSJ editor Alex Frangos says it comes as investors are increasingly worried about political interference on Wall Street. Plus, The Justice Department tasks a grand jury with reinvestigating the intelligence community’s findings over Russia’s efforts to influence the 2016 presidential election. And, in a bid to deter foreigners from overstaying their visas, The State Department might require travelers entering the U.S. to post a bond of up to $15,000. Azhar Sukri hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Race the rudder, raise the sails, raise the sales!
0:05.0	Captain, an unidentified ship approaching. Over.
0:07.0	Roger that. Wait, is that an enterprise sales solution?
0:13.0	Reach sales professionals, not professional sailors.
0:17.0	With LinkedIn ads, you can target the right people by industry, job title and more.
0:21.4	To get £100 off your first campaign, go to LinkedIn.com slash lead to claim your credit.
0:26.7	That's LinkedIn.com slash lead. Terms and conditions apply.
0:32.8	The Trump administration turns up the heat on Wall Street banks, this time over perceived discrimination against conservatives.
0:41.5	First of all, the banks say that they don't discriminate.
0:44.0	People on the conservative side of things feel otherwise.
0:46.8	They think that companies as well in the oil and gas industry were discriminated against over the last few years.
0:52.2	Plus, a grand jury will now investigate the 2016 probe into then-president
0:57.7	Trump and Russia.
1:00.4	And a new program could end up requiring some travelers to the U.S. to post a $15,000
1:06.8	bond.
1:08.4	It's Tuesday, August the 5th.
1:10.2	I'm Azhar Sukri for the Wall Street Journal.
1:12.9	Here is the AM edition of What's News, the top headlines and business stories moving your world today.
1:24.9	We are exclusively reporting that the White House is preparing to step up pressure against
1:30.5	big banks over perceived discrimination against conservatives and crypto companies.
1:36.7	A draft of an executive order which was viewed by the Wall Street Journal threatened to
1:40.9	fine lenders that drop customers for political reasons.
	...

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