Former President Trump has brought attention to alleged discrimination by major U.S. banks, specifically citing JPMorgan Chase and Bank of America, which he claims rejected him as a customer. As these allegations surface, reports indicate that the White House is preparing an executive order aimed at penalizing banks that drop clients based on political beliefs, particularly targeting conservatives. Trump asserts that this approach is a response to what he views as a pattern of discrimination against his supporters and the broader conservative movement. The situation has led to stock fluctuations for the involved banks and potential penalties for those found to engage in such practices.