Guaranteeing Fair Banking For All Americans

The order directs federal agencies to prevent financial institutions from denying services based on political or religious beliefs or lawful business activities. The Small Business Administration (SBA) and the Federal member agencies of the Financial Stability Oversight Council are instructed to remove the use of reputation risk or equivalent concepts that could result in such discrimination within 180 days. The SBA is also directed to notify all financial institutions with which it guarantees loans about this directive within 60 days.