Trump’s order confronts banking policies affecting retail
Retail trade organisations have responded positively to President Trump’s executive order titled “Guaranteeing Fair Banking for All Americans,” issued on 7 August 2025, which seeks to curb so-called “politicized or unlawful debanking”—the denial of banking services based on political, religious or lawful business affiliations. The Merchants Payments Coalition, representing small retailers, supermarkets and convenience stores,