Challenges in Banking: Regulatory Burdens and Competition

Donald Trump signs an executive order designed to combat 'debanking,' which deprives individuals and businesses of financial services. How bad is the problem, what's in the Trump order, and will it be enough to rein in regulators that put pressure on banks to cancel customers that supposedly pose "reputational risk"? Or does Congress also need to pass legislation making the changes permanent, reforming the Bank Secrecy Act, and encouraging more bank competition? 

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