Each US administration uses bank supervision to decide which industries and viewpoints get banking services, so access swings with elections and businesses respond by spreading accounts across jurisdictions or obtaining their own charters.
forming · confidence 40 · Emerging (watchlist) · tracking since October 15, 2026 · updated October 15, 2026
The Office of the Comptroller of the Currency (OCC) says all nine of the largest US banks, including JPMorgan Chase, Bank of America and Citibank, restricted customers on political or industry grounds, and the consumer finance regulator has opened its own inquiry. Two federal regulators are now using supervision to judge who gets banking services, which is the mechanism this thesis expects to swing with elections.
Supporting · October 15, 2026
US bank regulator says all nine of the largest US banks restricted customers on political or industry grounds
The Office of the Comptroller of the Currency (OCC) says all nine of the largest US banks, including JPMorgan Chase, Bank of America and Citibank, restricted customers on political or industry grounds, and the consumer finance regulator has opened its own inquiry. Two federal regulators are now using supervision to judge who gets banking services, which is the mechanism this thesis expects to swing with elections.
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