United States of America: Executive Order on Fair Banking including review of debanking practices enters into force

On 5 December 2025, provisions of the Executive Order on Fair Banking enter into force, including requirements for federal banking regulators to review supervised financial institutions’ past and current practices related to politicised or unlawful debanking. The order further requires regulators to take remedial action where violations are identified, including fines, consent orders, or other supervisory or enforcement measures.