MyPillow CEO Mike Lindell was a victim of “debanking” discrimination against conservatives. Gage Skidmore, CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0> President Trump has signed an executive order, “Guaranteeing Fair Banking for All Americans,” directing federal regulators to investigate alleged discrimination against conservatives and certain industries, such as gun manufacturers and cryptocurrency firms. The order targets “debanking,” when banks close accounts or deny services based on political, religious, or ideological beliefs, which have been used against Trump and other conservatives. Regulators must identify potential violations, ensure banks do not discriminate on these grounds, and refer cases to the Justice Department within 120 days. The order also removes “reputational risk” from regulatory metrics, a practice critics say has been used to justify cutting ties with lawful but politically disfavored…
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