WSJ: The Trump administration is considering issuing an executive order on "banning bank accounts."

ChainCatcher news, according to the WSJ report, sources revealed that the Trump team is considering issuing an executive order to prohibit banks from closing or denying accounts based on customers' political positions or industries. This measure aims to address Republican criticisms of large banks for implementing discriminatory practices in sectors such as energy and firearms.

The report states that several banks, including JPMorgan Chase, Citibank, and Bank of America, recently met with Republican state officials to respond to the related allegations. The order may grant federal regulators the authority to penalize the banks involved.