Trump ordered federal bank regulators to make sure banks do not discriminate against individuals or companies for their political or religious beliefs. He also ordered bank regulators to probe when banks may have allegedly discriminated and refer the cases to the Department of Justice.

U.S. President Donald Trump signed an executive order on Thursday that targeted banks over what his administration says are discriminatory practices. "The Order directs Federal banking regulators to remove reputational risk and other equivalent concepts that enable politicized or unlawful debanking from their guidance,

An executive order against the banks would come after Trump said in a CNBC interview on Tuesday that the country's top two lenders had previously rejected his deposits. Trump said